Transactions costs are the prices paid to trade a security, such as a broker's fee and spreads, or to make any trade in a market.  ( 15 min )

CD rates can determine how much room your money has to grow. Learn whether it makes sense to buy CDs when rates are low.  ( 16 min )

The Ethereum blockchain transitioned to proof-of-stake in September 2022. The upgrade also set the stage for the blockchain's future.  ( 16 min )

A jumbo certificate of deposit (CD) works the same as a regular CD, except that it requires a larger investment and pays a higher interest rate.  ( 17 min )

Vacation homes are second properties that may be used for recreational or rental purposes and that are separate from the owner's principal residence.  ( 14 min )

If government economic forecasts are correct, there’s going to be a “mild” recession later this year—but it probably won’t seem so mild to the millions who would be put out of work.  ( 11 min )

A chartered retirement planning counselor (CRPC) has earned is a professional designation awarded by the College for Financial Planning.  ( 17 min )

No matter how brainless or backbreaking your part-time job may be, the benefits can go way beyond your wallet.  ( 17 min )

Non-deductible IRAs are particularly attractive for people who are restricted by income limits in how much money they can put away for retirement.  ( 18 min )

BioNTech, Carnival, Lululemon, McCormick, Micron, and Walgreens Boots Alliance report this week. Plus, banking regulator testimony, housing data, and consumer confidence.  ( 23 min )

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The IRS is due to refine rules for which electric vehicles qualify for what tax credits. The update could result in buyers getting less of a benefit. There are still a few days left to get a higher amount, though.  ( 23 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Turmoil in the banking system has made for a murkier outlook for the economy.  ( 54 min )

(Bloomberg) -- Saudi Aramco., the world’s biggest energy company, has signed agreements with Chinese partners to build a state-of-the-art refining complex in the northeast region of the Asian nation.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateBond Traders Go All-In on US Recession Bets That Defy Fed ViewValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another  ( 48 min )

These recently downgraded names are displaying both quantitative and technical deterioration.  ( 11 min )

When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 50 min )

Retired people need to stay busy and it never hurts to make extra cash, especially when you're on a fixed income. If you're thinking of working while retired, let's go over some of the best part-time jobs for retirees. Here are … Continue reading → The post 9 Best Part-Time Jobs for Retirees appeared first on SmartAsset Blog.  ( 50 min )

(Bloomberg) -- Global financial markets are poised for another week of turmoil, as traders close out a dizzying month in which cascading worries about US and European lenders dominated sentiment and complicated central banks’ fight against inflation. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateBond Traders Go All-In on US Recession Bets That Defy Fed ViewValley National, First Citizens Said to Bid on Silicon ValleyUS Mulls More Support for Banks While Giving First Rep  ( 48 min )

This way you won't have to worry about losing your card ... again.  ( 49 min )

Before you see a dollar of lottery winnings, the IRS will take 25%. Up to an additional 13% could be withheld in state and local taxes, depending on where you live. Still, you'll probably owe more when taxes are due, … Continue reading → The post How Taxes on Lottery Winnings Work appeared first on SmartAsset Blog.  ( 51 min )

Required minimum distributions (RMDs) are withdrawals you have to make from most retirement plans (excluding Roth IRAs). The age for withdrawing from retirement accounts was increased in 2020 to 72 from 70.5. The SECURE 2.0 Act, though, raised the age for … Continue reading → The post How to Calculate Required Minimum Distribution (RMD) appeared first on SmartAsset Blog.  ( 55 min )

Employer-sponsored, tax-deferred retirement plans like 401(k)s and 403(b)s have rules about when you can access your funds. As a general rule, if you withdraw funds before age 59 ½, you'll trigger an IRS tax penalty of 10%. The good news … Continue reading → The post What Is the Rule of 55 and How Does It Work? appeared first on SmartAsset Blog.  ( 49 min )

When the market is soaring, it's easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether it's fast-approaching or still a ways off, it's … Continue reading → The post 5 Things to Invest in When a Recession Hits appeared first on SmartAsset Blog.  ( 48 min )

(Bloomberg) -- Ask the world’s biggest oil traders where the market is headed as prices hover near a 15-month low, and you’ll hear almost universal agreement: The stage is set for a rally. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeValley National, First Citizens Said to Bid on Silicon ValleyCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysDeSantis’s Bad Week Shows Beating Trump Will Be a Dif  ( 49 min )

The crypto industry is hoping that a former manager at Coinbase who has pleaded guilty in a criminal case can beat the SEC by challenging the regulator’s view that the tokens he traded were securities.  ( 25 min )

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The biggest U.S. banks stand to become even more powerful in the wake of the banking crisis — whereas regional banks could lose their foothold.  ( 49 min )

But I'd play it a bit differently, here's how.  ( 12 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

This is a TikTok challenge you don’t want to get behind.  ( 50 min )

Holders of annuities totaling $2.2 billion can’t touch their money as the legal battle over Greg Lindberg’s empire rages on.  ( 23 min )

It isn’t just the algorithms, but a cutthroat culture boosting apps such as TikTok, Shein and Temu.  ( 25 min )

Valley National Bank and First Citizens BancShares have reportedly submitted bids for the failed Silicon Valley Bank following it's collapse earlier this month.  ( 46 min )

(Bloomberg) -- Christine Lagarde is cementing her credentials as the biggest hawk among major central bankers despite the mounting banking stress, handing financial markets a reason to buy the euro and sell German bonds.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s Bad Week Sh  ( 49 min )

(Bloomberg) -- UBS Group AG’s emergency buyout of Credit Suisse Group AG threatens to drastically shrink the financing options for small and mid-sized companies, after the demise of a 166-year-old champion of Swiss entrepreneurship.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s  ( 49 min )

Compensation has been one of many questions facing employees since Elon Musk’s tumultuous acquisition of the company last year.  ( 24 min )

De ramadan is deze week begonnen. Veel moslims vasten in deze periode tussen zonsopkomst en zonsondergang. Het is voor velen van hen de belangrijkste maand van het jaar. Maar hoe flexibel gaan werkgevers om met de ramadan?  ( 7 min )

Working capital management is a strategy that requires monitoring a company's current assets and liabilities to ensure its efficient operation.  ( 17 min )

Amazon has multiple credit offerings, including products for both its users and sellers. Learn more about the details of each.  ( 18 min )

This checklist will help you get started as an intelligent and successful investor. It focuses on key personal attitudes and strategic frameworks.  ( 18 min )

The National Bank Surveillance System (NBSS) was a computerized monitoring system that evaluated the performance of national banks and predicted their chance of failure.  ( 17 min )

Pfizer's biggest competitors in the global pharmaceutical industry are Johnson & Johnson, Roche, Eli Lilly, AbbVie, Novo Nordisk, and Merck.  ( 15 min )

As HBO's `Succession' returns for as fourth season, meet the wealthy media families who inspired the hit drama series.  ( 12 min )

How to avoid violating the wash sale rules set by the Internal Revenue Service (IRS) when realizing capital losses in your taxable investment account.  ( 16 min )

Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.  ( 25 min )

Derived demand—in economics—is the demand for a good or service that results from the demand for a different, or related, good or service.  ( 15 min )

A minor child may be named on a brokerage account if a parent or guardian opens a custodial account with the child.  ( 16 min )

(Bloomberg) -- Valley National Bancorp and First Citizens BancShares Inc. are both vying for Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister Says‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000  ( 47 min )

Twitter is apparently offering demoralized employees new equity grants that will start to vest after six months.  ( 47 min )

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(Bloomberg) -- Investors are quickly dividing corporate borrowers into the haves and the have-nots.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens Said to Bid on Silicon ValleyDeSantis’s Bad Week Shows Beating Trump Will Be a Difficult TaskWorries about the health of banking systems on both sides of the Atlantic, incr  ( 48 min )

(Bloomberg) -- Bond investors are piling into wagers that a US recession is around the corner amid a growing dissonance between how markets and the Federal Reserve see the outlook for the economy.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Trade  ( 49 min )

A restructuring or liquidation would have triggered “major international upheaval," said finance minister Karin Keller-Sutter.  ( 47 min )

(Bloomberg) -- The Federal Reserve’s preferred measure of underlying price pressures probably remained elevated in February, keeping officials in a precarious spot as they seek to balance inflation-fighting resolve and stress on the banking system.Most Read from BloombergGreenland Solves the Daylight Saving Time DebateCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now Ne  ( 51 min )

As investors rushed to leading cryptocurrencies like Bitcoin, politicians in the United States took aim at incoming CBDC plans.  ( 48 min )

Ford has its work cut out for it in securing enough critical minerals for its EV batteries.  ( 48 min )

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In the investing world, the art of “stock picking” is crucial for success; investors must choose the right stocks to invest in to achieve strong returns. Therefore, when Wall Street experts label a stock as a ‘Top Pick,’ it’s a significant indication that the stock has great potential, and investors should take note. Using the TipRanks platform, we’ve looked up the details on two stocks that have recently gotten ‘Top Pick’ designation from the analysts at banking giant J.P. Morgan. So, let’s div  ( 49 min )

For those with no interest in democracy and with money to burn, America might be starting to look like a risky market.  ( 23 min )

Forget your credit card on your next Panera Bread run? No worries, you'll soon be able to pay with the palm of your hand.  ( 47 min )

A bank panic. Tightening lending standards. Another rate hike. The market fears not these things.  ( 23 min )

(Bloomberg) -- US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up its balance sheet, according to people with knowledge of the situation.Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Traders’ Nerves and Rewards Those Doing NothingDeutsche Bank Drops in Selloff  ( 48 min )

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Many people are looking for investments that can beat inflation, which sits at 6%. How about a dividend ETF yielding 7.5% that also gives you exposure to some of the world’s top international stocks? The ETF is the iShares International Select Dividend ETF (BATS:IDV). What is the IDV ETF? The IDV ETF comes from BlackRock’s popular iShares family of ETFs. It “seeks to track the investment results of an index composed of relatively high dividend paying equities in non-U.S. developed markets.” As t  ( 49 min )

Bitcoin has had a solid month, rising as turmoil roils the banking sector.  ( 23 min )

Recent turmoil = a more bullish outlook? Here's how  ( 48 min )

ChatGPT and other generative AI tools are starting to see more widespread adoption. That has some workers worried.  ( 47 min )

If you give someone cash or property valued at more than the 2023 annual exclusion limit of $17,000 ($34,000 for married joint filers), you'll have to fill out Form 709 for gift tax purposes. But don't fret. This doesn't always … Continue reading → The post How to Fill Out Form 709 appeared first on SmartAsset Blog.  ( 50 min )

Interested in investing in your retirement? You know you should be socking money away for your golden years, but you need to understand the savings vehicle your employer offers. The 401(k) plan, which for-profit employers offer, is a popular way … Continue reading → The post 401(a) vs. 401(k): What's the Difference? appeared first on SmartAsset Blog.  ( 50 min )

Roth IRAs are one of the many ways you can save for retirement. Their key benefit – you can withdraw funds in retirement without paying taxes on the distributions – has made them very popular among tax-savvy investors. Still, there … Continue reading → The post Roth IRA Withdrawal Rules and Penalties appeared first on SmartAsset Blog.  ( 50 min )

"Some of the market's best days occur very close to the worst days." This is one of the pieces of advice from the 2023 Retirement Guide published recently by J.P. Morgan Asset Management . The guide is the 11th version … Continue reading → The post JPMorgan Recommends These Themes For Retirement In 2023 appeared first on SmartAsset Blog.  ( 50 min )

Determining when to retire can be tough. There are various factors to consider, including your financial situation, your health, and the lifestyle you wish to enjoy once you retire. While the decision of when to retire is personal to you, … Continue reading → The post When Do People Retire on Average appeared first on SmartAsset Blog.  ( 49 min )

Getting a mortgage could become more difficult and expensive as you age. For most Americans, especially young adults, homeownership remains out of reach with the average purchase price for a home nearly doubling over the past 10 years and mortgage … Continue reading → The post Does the Mortgage Industry Hate Old People? appeared first on SmartAsset Blog.  ( 49 min )

(Bloomberg) -- Fears of tightening financial conditions leading to a recession are driving traders to rethink their risk exposure and seek out safety in the stock market. Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing Bubble“It ain’t pretty out there,” said Charlie  ( 49 min )

While lower rates are helping buyers overcome affordability hurdles, home prices are still expected to remain high.  ( 48 min )

Medicare Advantage plans are an increasingly popular alternative to Traditional Medicare, but you need to be careful before signing up.  ( 49 min )

(Bloomberg) -- Black Swan funds spend years waiting for markets to crash. Turns out, just a whiff of a crash is enough to juice performance.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing BubbleThese options-based strategies that benefit from volatility breakouts ar  ( 49 min )

Apparently, even the price of stones has skyrocketed.  ( 48 min )

“We've been assured there really isn't a problem in the eurozone banking system”, the finance minister of one member state told me last week in the wake of the Credit Suisse collapse. “I'm not worried by current developments”.  ( 50 min )

April 1 is the deadline to make your first required minimum distribution, or RMD, from IRAs, 401(k)s, 403 (b) plans and other similar workplace plans.  ( 51 min )

Thirty states have passed laws that allow partners or shareholders in pass-through entities—including S corporations, LLC and partnerships—to work around a federal cap on so-called SALT deductions.  ( 23 min )

The sibling of the Indian conglomerate’s founder played a key role in activities questioned by a U.S. short seller; company says brother had no managerial role.  ( 25 min )

While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.  ( 48 min )

Much like viral illnesses, bank runs have a habit of being contagious. After Silicon Valley Bank (SVB) collapsed and Credit Suisse reached its humiliating denouement last week, one City banking boss received a phone call from his mother.  ( 49 min )

China's post-pandemic recovery is sending a clear and urgent message to the nation's fallen property tycoons: shape up, reorganise and get on with working out their debt. The rush is on. China Evergrande's Hui Ka-yan and his beleaguered industry peers have set March as a key target. By the end of the month, they want to have a done deal with their creditors, or at least have something to show. If not, they could miss Beijing's lifeboat for the sector and lose any remaining goodwill among credito  ( 53 min )

So much for market calm.  ( 49 min )

The banking network collapse from earlier this month poses a significant risk to the health of the crypto market.  ( 47 min )

Since last year, the ARK Invest CEO has been warning that the Fed's interest-rate increases could break the financial system.  ( 27 min )

It's almost time for Washington's next scheduled crisis. The clearest risk isn't the one everyone talks about, Christopher Smart writes.  ( 26 min )

The world remains on a knife-edge. After a period of relative calm following the bailout of Credit Suisse, the FTSE 100 has ended the week firmly in the red again amid another sharp sell-off in bank stocks.  ( 48 min )

Working against the clock to stop a developing banking crisis, Treasury Secretary Janet Yellen had until sunset on Sunday, March 12, to come up with a plan to calm the U.S. economy. Paulson, who ran the Treasury Department during the financial crisis in 2008, counseled immediate government action. A bank run on Silicon Valley Bank had begun earlier in the week.  ( 53 min )

Shares of these six cybersecurity stocks are up about 15% this year, on average. Yet they are down about 25% over the past 12 months.  ( 23 min )

With fat yields and more safety than common stock, preferred shares can be lifeboats for investors navigating banking’s stormy seas. Why bigger is better for small investors.  ( 23 min )

Four strategists offer similar advice: Stay defensive. Hold a little more cash. Stick to quality stocks—those with solid balance sheets and growth that doesn’t depend on the larger economy.  ( 23 min )

Medeoprichter Gordon Moore van chipmaker Intel is vrijdag op 94-jarige leeftijd overleden. De Amerikaan is vooral bekend om 'de wet van Moore', zijn voorspelling over de rekenkracht van computerchips.  ( 3 min )

Rijksambtenaren mogen straks geen TikTok meer gebruiken op werktelefoons. Het besluit van het kabinet komt voort uit zorgen over spionage door de Chinese overheid. Voor Amerikaanse dataslurpers, zoals Facebook en Google, zijn die waarschuwingen er niet.  ( 6 min )

We zijn gek op sparen; of het nu punten zijn, zegeltjes, korting of handdoeken. Een nieuwe trend is dat spaarprogramma's ons erop wijzen dat ze we onze punten kwijt kunnen raken. Zo willen ze ons in beweging krijgen.  ( 5 min )

The Federal Reserve's rate hikes beginning in March 2022 essentially ended a four-decade rally in bond markets  ( 1 min )

Deutsche Bank shares fall in pre-market trading amid worries about the banking system and banks raise borrowing from the emergency federal lending program. Here’s what investors need to know today.  ( 1 min )

Major U.S. stock indexes dropped in the morning but rallied back to close the day higher on Friday, March 24, 2023.  ( 1 min )

Money market funds attracted more than $300 billion in four weeks, the fastest pace of inflows since 2020 as investors sought safety from turmoil in the banking industry.  ( 1 min )

Shares of Deutsche Bank (DB) are sinking as the largest German bank has become the latest financial institution to be impacted from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank in the U.S.  ( 1 min )

U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 1 min )

The current ratio is a liquidity ratio that measures a company’s ability to cover its short-term obligations with its current assets.  ( 23 min )

Cryptocurrency can be used to earn passive income. Learn how some people are using virtual currency as a supplemental income source.  ( 14 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

Traditional and Roth IRAs offer a tax-advantaged way to save for retirement, but there are contribution limits and strict rules regarding withdrawals.  ( 20 min )

U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 11 min )

Major U.S. stock indexes dropped in the morning but rallied back to close the day higher on Friday, March 24, 2023.  ( 10 min )

The debt-ceiling debate never seems to go away for good. Here's a guide to the lingo for when it starts up again.  ( 14 min )

A debtor in possession (DIP) is a person or business under bankruptcy protection that still holds property to which a creditor has a right.  ( 16 min )

A credit application is a formal request by a borrower to a lender for credit. It requires the applicant to provide certain information about their finances.  ( 16 min )

A primary account holder is legally responsible for a credit card or bank account including any transactions made by other, authorized users.  ( 16 min )

The CHIPS and Science Act, signed into law on Aug. 9, 2022, supports domestic semiconductor manufacturing, research and development, and workforce development.  ( 18 min )

A judgment lien is a court ruling giving a creditor the right to take possession of a debtor's property if the debtor doesn't fulfill their obligations.  ( 15 min )

Learn how a financial advisor can help you analyze and structure your finances to bring down debt, and how to find the right advisor for you.  ( 17 min )

The U.S. has announced it may not soon replenish the oil it sold from its Strategic Petroleum Reserve last year, but assessing the market impact is somewhat difficult.  ( 13 min )

A bump-up certificate of deposit entitles the bearer to take advantage of rising interest rates with a one-time option to “bump up” the rate paid.  ( 16 min )

A subordination agreement establishes one debt as ranking behind another in priority for collecting repayment should a debtor default.  ( 15 min )

Learn about major hedge fund failures including the Madoff investment scandal and insider trading cases at SAC Capital, LTCM, and the Galleon Group.  ( 22 min )

Learn why requests to increase the credit limit on a credit card may be declined, and find out which factors influence the lender's decision.  ( 16 min )

The Federal Reserve's rate hikes beginning in March 2022 essentially ended a four-decade rally in bond markets  ( 13 min )

Nasdaq is getting close to launching custody for cryptocurrencies, after announcing its digital assets business last year.  ( 11 min )

More older Americans are taking out or cosigning loans to help their kids and grandkids pay for college. It doesn't always work out well.  ( 18 min )

Mortgage rates took a major downturn, dropping the 30-year rate average to its lowest level in six weeks.  ( 12 min )

Money market funds attracted more than $300 billion in four weeks, the fastest pace of inflows since 2020 as investors sought safety from turmoil in the banking industry.  ( 13 min )

Concealment refers to a failure to reveal material information that would alter the premium or issuance of an insurance policy.  ( 13 min )

A withdrawal is a removal of funds from an account, plan, pension, or trust. Often, conditions must be met in order to avoid penalties.  ( 16 min )

Sooner or later that day will come. How to tell if you're ready and what to do if you need a course correction.  ( 16 min )

Here are some tips on the different types of annuities you could have in your portfolio.  ( 19 min )

What is the most tax-efficient way to take required minimum distributions from your retirement plan? Several financial advisors weigh in.  ( 16 min )

Roth 401(k) and 403(b) plans can beat traditional plans over the long term by providing tax savings at retirement.  ( 17 min )

Which among the most common types of annuities pose the most risk during a recession? Let’s take a look.  ( 17 min )

U.S. companies reported a big jump in business activity this month as demand surged, especially in the services industry. The S&P Global Flash US Composite Purchasing Managers’ Index (PMI) for March was 53.3, up from 50.1 in February.  ( 10 min )

Deciding how much to put into a 401(k) account can be tricky. There are guidelines to ensure that you are investing what you need, so you can retire in comfort.  ( 17 min )

Consumer theory is a branch of microeconomics that studies how people decide what to spend their money on based on their preferences and budget constraints.  ( 14 min )

A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 20 min )

Money management is the process of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group.  ( 14 min )

Affording a house just keeps getting more difficult: Median payment for a new mortgage rose to $2,061 in February, the highest in data going back to 2009.  ( 11 min )

Both are strong options, but if cost is your concern, then Fidelity is your best choice.  ( 18 min )

Watch out for these four major scams so you don't pay for free services or are a victim of identity theft, trashed credit, late fees, and more.  ( 21 min )

Here's how to do a retirement-needs analysis to know if you will have enough money to retire when you want to.  ( 19 min )

A follow-on public offer (FPO) is an issuance of additional shares by a public company that already listed on an exchange.  ( 14 min )

With thousands existing already, have you ever wondered how a cryptocurrency is made? Learn more about how you can make your own cryptocurrency.  ( 17 min )

Don't let these errors in judgment affect your good credit for the rest of your life.  ( 17 min )

Shares of Deutsche Bank (DB) are sinking as the largest German bank has become the latest financial institution to be impacted from the fallout caused by the collapse of Silicon Valley Bank and Signature Bank in the U.S.  ( 12 min )

Homes in the U.S. are older than ever and need of critical repairs and maintenance, according to a Harvard study.  ( 11 min )

Missed payments, collections, and requests for credit take can appear on a credit report for several years. Learn about time frames how often creditors report to bureaus.  ( 18 min )

The U.S. ranks 14th in the world in basic financial skills. Only 57% of Americans are considered financially literate. Find out which states require financial education.  ( 20 min )

Wondering if student loans are amortized? Here's everything you should know about student loans and amortization.  ( 17 min )

Deutsche Bank shares fall in pre-market trading amid worries about the banking system and banks raise borrowing from the emergency federal lending program. Here’s what investors need to know today.  ( 11 min )

The Dow Jones Industrial Average (DJIA) is a popular stock market index that tracks 30 U.S. blue-chip stocks.  ( 22 min )

ARK invest sold Coinbase shares on Tuesday, then bought an even larger haul on Thursday after word of the SEC's warning tanked the price.  ( 47 min )

Company picks up Signature Bank assets and deposits on the cheap from FDIC. Also, Wall Street views on General Mills, Alaska Air Group, Boyd Group Services, Chewy, and KB Home.  ( 23 min )

Here are seven major companies whose stocks moved on the week’s news.  ( 25 min )

A bank panic. Tightening lending standards. Another rate hike. The market fears not these things.  ( 23 min )

Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.  ( 50 min )

The deposits dropped by $100 billion during the week ended March 15. At the same time, consumer loans edged up.  ( 23 min )

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See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

U.K. regulators determined that the proposed purchase of Activision Blizzard (ATVI) by Microsoft (MSFT) would not lessen gaming console competition.  ( 12 min )

Commodity experts at Standard Chartered are saying that the path of least resistance for oil prices at this point is higher, not lower  ( 48 min )

Deutsche Bank stock tumbled, and the cost of insuring the lender’s debt against default leapt to multiyear highs, in the latest sign of investor nervousness about global banks.  ( 25 min )

Worries about the German lender risk becoming a self-fulfilling prophecy as investors search for the next weak link in European banking after Credit Suisse.  ( 25 min )

(Bloomberg) -- Deposits at US lenders posted the biggest decline in nearly a year during the week when multiple bank failures triggered the latest bout of global financial turmoil.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy-or-Rent Premium Is Highest Since 2006 Housing BubbleThe decline was entirely due to  ( 49 min )

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The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.  ( 23 min )

Ford is losing billions on its electric vehicles. Why the push could pay off in the near future.  ( 23 min )

Electric-vehicle maker Rivian Automotive Inc. is relocating parts of its manufacturing engineering team to its Illinois factory as part of a reorganization aimed at speeding up production.  ( 26 min )

With volatility roiling the bond market, hedging bets is a must. The key goals: safety and liquidity.  ( 23 min )

A big drop in demand for diesel fuel may be due to slowing economic growth in the U.S., especially in the heavy industry and construction sectors.  ( 23 min )

Warren Buffett — the Oracle of Omaha — is widely regarded as one of the greatest investors of all time. Berkshire Hathaway Inc. (NYSE: BRK-A) has returned tens of thousands of percent over the years and consistently outperforms the market. Buffett purchased the company for just $8.3 million in 1965, and it’s now valued at nearly $700 billion, roughly a 10 million percent return. But one of Buffett’s top all-time picks and longest-held positions is one you might not expect. Berkshire Hathaway fir  ( 47 min )

(Bloomberg) -- Federal Reserve Bank of San Francisco President Mary Daly, who is among senior central bankers whose role in the collapse of Silicon Valley Bank is under scrutiny, has pulled out of an appearance at a conference hosted by her bank.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsBuy-or-Rent Premium Is  ( 48 min )

The U.S. has announced it may not soon replenish the oil it sold from its Strategic Petroleum Reserve last year, but assessing the market impact is somewhat difficult.  ( 14 min )

The regulator’s potential lawsuit against the largest U.S. trading platform could reshape the industry and upend investors’ access to crypto markets.  ( 25 min )

(Bloomberg) -- The gap between Activision Blizzard’s stock price and Microsoft Corp.’s takeover offer is at its narrowest level since the $69 billion merger was announced in January 2022, as an update from UK regulators lifts expectations that the deal could go through. Most Read from BloombergGreenland Solves the Daylight Saving Time DebateUS Mulls More Support for Banks While Giving First Republic TimeCredit Suisse Wouldn’t Have Lasted Another Day, Minister SaysValley National, First Citizens  ( 47 min )

If you're planning on making tax-deferred retirement accounts the last pot of money you tap after retirement, you've got a lot of company. And why not? The idea that your 401(k) or traditional IRA can keep growing and churning out … Continue reading → The post Want to Minimize Retirement Taxes? Don't Follow This Popular Strategy appeared first on SmartAsset Blog.  ( 49 min )

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The brokerage’s stock has plunged by more than a third this year as customers yank cash from low-yielding “sweep” accounts. What’s ahead.  ( 23 min )

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The airline is suspending one of its international routes for a few weeks in May and June.  ( 23 min )

(Bloomberg) -- Money managers have stepped up their bearish bets against office landlords, wagering that the US regional banking crisis will slash the availability of credit to property owners that were already suffering from the pandemic and rising interest rates.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBuy  ( 50 min )

Deutsche shares fell as much as 15% in trading on Friday, prompting concerns it might be the next domino to fall after failed lender Credit Suisse.  ( 49 min )

Warren Buffett arrived in Sun Valley, Idaho, with an unpopular warning — one the visionaries in the room were in no mood to hear. The tech leaders gathered there were bent on changing the world and had already made fortunes doing it. And in a year where some tech stocks were surging as much as 27-fold, many were sitting on investments with sky-high valuations that they felt just fine about. There were polite nods as Buffett took his place behind the lectern. Buffett warned the crowd that they we  ( 48 min )

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Among the S&P 500 mega-cap stocks, NVIDIA Corp (NASDAQ: NVDA) shares gained the most YTD (+86.06%). Nvidia shares also gained the maximum in the last week (+6.46%), the month (31.02%), the quarter (+69.05%), and the six months (+105.04%), reaching a market cap of $672 billion. Nvidia won a host of analyst convictions, especially since the GTC conference, which helped it showcase accelerating demand for its solutions, driven by the demand wave of generative AI and increasing criticality of power  ( 47 min )

Citi really fears the "knock-on impact from various media headlines on depositors psychologically," regardless of whether the initial reasoning was correct.  ( 49 min )

What is the most tax-efficient way to take required minimum distributions from your retirement plan? Several financial advisors weigh in.  ( 16 min )

The bank paid a consulting company owned by the founder’s brother-in-law and employed the founder’s son.  ( 24 min )

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Value stocks have taken a hit, while growth stocks are more expensive. The good news: There's a way to find growth stocks that trade more reasonably.  ( 23 min )

The billionaire investor says interest rate hikes are undermining the economy and could lead to more bank turmoil.  ( 48 min )

(Bloomberg) -- The $2 trillion venture capital industry could see portfolio markdowns of 25% to 30% — a “haircut” of possibly $500 billion — following the Silicon Valley Bank debacle, according to Bloomberg Intelligence. Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine Push StallsBuy-or-Rent Premium Is Highest Since 2006 Housi  ( 47 min )

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Roger Aliaga-Diaz, Vanguard’s chief economist for the Americas, says his company sees a mild recession ahead with only a moderate rise in unemployment.  ( 23 min )

(Bloomberg) -- The revelation that about $2 million of “nickel” on the London Metal Exchange was actually just bags of stones has thrown a spotlight on the sprawling web of warehouses and metal stashes underpinning the billions of dollars of derivatives traded daily on the LME.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as Irrational‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsRussia Seeks 400,000 More Recruits as Latest Ukraine P  ( 50 min )

As the world braces for a possible recession in 2023, many investors are wondering where to turn to secure their wealth. According to David Bailin, Chief Investment Officer at Citigroup Inc Global Wealth, real estate may be the key to weathering the storm. In a recent interview for Knight Frank's 2023 Wealth Report, Bailin outlined his predictions for the year ahead. He believes 2023 will present many investment opportunities if we get a mild recession and that active cash management will increa  ( 47 min )

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(Bloomberg) -- Bank of America Corp. is trimming its wealth-management, banking and lending group as higher interest rates continue to crimp business on Wall Street, forcing banks to make broader cuts.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeFewer than 200 staffers were offe  ( 46 min )

A Roth IRA conversion shifts money from a traditional IRA to a Roth IRA. There may be long-term tax benefits but there can also be costs.  ( 20 min )

The maker of Marlboro cigarettes hopes to approximately double its total U.S. smoke-free net revenue by 2028.  ( 23 min )

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(Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said that he had raised his forecast for peak interest rates this year amid ongoing economic strength, based on an assumption that banking-sector strains will prove temporary.Most Read from BloombergDeutsche Bank Drops in Selloff Citi Describes as IrrationalJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-S  ( 48 min )

Here's how to do a retirement-needs analysis to know if you will have enough money to retire when you want to.  ( 19 min )

Ford CEO Jim Farley is all in on taking the fight to Tesla.  ( 48 min )

The Washington Supreme Court on Friday upheld the state's new capital gains tax, which was adopted by lawmakers in an effort to balance what is considered the nation's most regressive tax code. In a 7-2 decision, the justices found the tax to be an excise tax — not a property tax, which the state Constitution limits to 1% annually, or an income tax, which Supreme Court decisions dating to the 1930s have found unconstitutional. “For 134 years, Washington state has been waiting for the day when a fairer tax system came about, one where working people were not carrying an inequitable share of the burden," Gov. Jay Inslee, a Democrat, said in a statement.  ( 49 min )

Activision Blizzard, Inc (NASDAQ: ATVI) shares gained 6% after the U.K. antitrust regulator capped its concerns regarding the Microsoft Corp (NASDAQ: MSFT) deal. On Friday, the Competition and Markets Authority issued updated provisional findings in its assessment of Microsoft's proposed acquisition of Activision, narrowing its scope of concerns. The CMA's new evidence provisionally alleviates concerns concerning the supply of gaming consoles in the U.K. In February, the CMA flagged competition  ( 47 min )

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(Bloomberg) -- Rapidly rising borrowing costs pose more of a threat to companies in Latin America than anywhere else in emerging markets, raising concern that defaults in the region are about to rise, according to S&P Global Ratings.Most Read from BloombergRussia Seeks 400,000 More Recruits as Latest Ukraine Push Stalls‘Zoom Towns’ Exploded in the Work-From-Home Era. Now New Residents Are Facing LayoffsBank Chaos Tests Traders’ Nerves and Rewards Those Doing NothingDeutsche Bank Drops in Selloff  ( 49 min )

Nearly four months after a federal court ruling eased investors' concerns, a decision by a state judge in California has reignited those fears.  ( 23 min )

Ford is losing billions on its electric vehicles. Why the push could pay off in the near future.  ( 23 min )

Patience is key in any real estate venture.  ( 49 min )

TD Bank recently revealed a pledge to invest in local communities across the U.S. to complement its pending, $13.4 billion acquisition of First Horizon Corp. Hugh Allen, a TD Bank executive based in Charlotte, talks about the local impact.  ( 17 min )

Nvidia CEO Jensen Huang told Yahoo Finance that the company is seeing an increase in demand around generative AI.  ( 47 min )

Nvidia CEO Jensen Huang told Yahoo Finance that the company is seeing an increase in demand around generative AI.  ( 47 min )

Before plunging on Friday morning, oil prices had recovered somewhat from last week's crash, but the lack of demand from the SPR capped that rebound.  ( 48 min )

Property owners were already under pressure from rising rates and empty office space. The last thing they needed was a banking crisis.  ( 49 min )

Regulators are no longer concerned the compay might pull Call of Duty from rivals such as Sony, reducing competion in the market for game consoles.  ( 23 min )

(Bloomberg) -- Deutsche Bank AG shares plunged the most in three years on Friday, suggesting that a week of soothing words from central bankers and politicians have failed to calm broad worries about the financial sector.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short t  ( 48 min )

Tidjane Thiam says the controversial decision by Swiss authorities will mean U.S. and Asian lenders could come out of banking crisis stronger.  ( 48 min )

The company and its partner Sanofi presented data from a trial of the drug as a treatment for chronic obstructive pulmonary disease.  ( 23 min )

They allege they were not given notice before their personal belongings were auctioned off.  ( 49 min )

By David Willey, Benzinga  ( 48 min )

Since the banking crisis began, investors have been looking toward the Federal Reserve. The central bank’s move on interest rates had been widely anticipated, and investors were eager for a sign to indicate whether the Fed saw inflation or a bank run crisis as the greater threat. With central bank’s announcement of a 25 basis point rate hike, or 0.25%, the impression is that the Fed has tried to take a middle path, and is slowing its interest rate policy to calm the banking sector while not aban  ( 50 min )

To some people, $3 million will sound like a lot. You probably think $3 million is enough to retire if you're among that crowd. But retiring with $3 million at 65 can last depending on your longevity, lifestyle and other … Continue reading → The post Is $3 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 49 min )

Here are the pros and cons of cashing in early — yes, early — once you hit that charmed age.  ( 48 min )

The brokerage last week issued a statement, saying the company's 'longstanding reputation as a safe port in a storm remains intact.'  ( 23 min )

(Bloomberg) -- First Republic Bank extended its slump Friday on the heels of another downgrade and as the financial turmoil spread to a European lender.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShares of First Republic fell as much as 6.6% in premarket tr  ( 46 min )

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Stocks are feeling pressure from multiple directions.  ( 48 min )

Shares in Deutsche Bank, Germany's largest lender, fell sharply on Friday, dragging down major European banks as fears about weaknesses in the global financial system send fresh shudders through the markets. Deutsche Bank shares were off 14% in early afternoon trading on the German stock exchange. The drop follows a steep rise in the cost of financial derivatives, known as credit default swaps, that insure bondholders against the bank defaulting on its debts.  ( 49 min )

An expert thinks the rising value of assets, like homes, could “balloon this gap even further.”  ( 49 min )

(Bloomberg) -- Jean Paul Prates, the head of Brazil’s state-controlled oil company, isn’t deterred by the world’s energy transition. He says Latin America’s largest producer should keep increasing fossil fuel output for decades to come.Most Read from BloombergDeutsche Bank Slumps in Resurgence of European Bank WorriesUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortJack Dorsey’s Block Vows to Fight Back After Hindenburg Sa  ( 49 min )

(Bloomberg) -- A tier 2 subordinated bond by Deutsche Bank AG is surging toward face value on Friday after the lender unexpectedly announced its decision to redeem the note early.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeThe bonds, which mature in 2028,  ( 48 min )

The next main catalyst for the sector is the reward halving in early 2024, the report said.  ( 47 min )

A critical report from short-seller Hindenburg Research sends shares in Block falling. The company says the report is inaccurate, and some analysts agree.  ( 23 min )

Wall Street is not so sure about a new short call on Block.  ( 50 min )

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(Bloomberg) -- Deutsche Bank AG was at the center of another selloff in financial shares heading into the weekend. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeThe German bank tumbled 12% on Friday. Credit default-swaps on Deutsche Bank’s euro, senior debt  ( 48 min )

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(Bloomberg) -- Investors are fleeing to cash in the biggest rush since the onset of the pandemic as concerns of an economic slowdown mount, according to Bank of America Corp. strategists who see equity and credit markets slumping in coming months. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortCredit Suisse, UBS Among  ( 48 min )

Shares of Block extend losses Friday after the payments company is targeted by short-selling firm Hindenburg Research, while Coinbase also falls for a second day following receipt of a Wells Notice from the SEC.  ( 23 min )

(Bloomberg) -- Deutsche Bank AG shares slumped and the German lender’s credit-default swaps surged amid wider concerns about the stability of the banking sector. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUS Fears a War-Weary World May Embrace China’s Ukr  ( 48 min )

The market may have some answers post-Fed decision, but things are still on edge.  ( 49 min )

Some of the world's leading chip makers, including Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics, will be hamstrung from expanding their facilities in China under proposed US guidelines covering companies that receive federal funding for semiconductor production, according to analysts. The proposed "national security guardrails", which the US Commerce Department unveiled on Tuesday, bar companies receiving a portion of the US$52 billion in federal subsidies under the US CH  ( 49 min )

Apple CEO Tim Cook will be among a small group of top US executives attending a high-profile summit hosted by the Chinese government this weekend, in a show of commitment to the market amid decoupling risks and supply chain adjustments. The head of the world's most valuable company will join Jon Moeller, CEO of consumer goods giant Procter & Gamble; Stephen Schwarzman, CEO of investment firm Blackstone; and Ray Dalio, founder of the world's largest hedge fund Bridgewater Associates, at the China  ( 50 min )

Market turmoil is sending nervous investors into cash, but there are several options better than parking it in a mattress.  ( 24 min )

Five retirees open up about their financial lives and how they spend their time and money.  ( 24 min )

Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.  ( 46 min )

(Bloomberg) -- Markets are signaling the Federal Reserve is wrong when it talks about the prospect for further interest-rate hikes, with bond investor Jeffrey Gundlach among the latest to predict cuts instead as the risk of recession grows.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJack Dorsey’s Wealth Tumbles $526 Mi  ( 49 min )

Everything you need to know to retire confidently and on time.  ( 30 min )

The telecoms companies are using the technology to offer increasingly popular bundles of mobile and home broadband.  ( 23 min )

Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.  ( 47 min )

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(Bloomberg) -- Cathie Wood snapped up more of Block Inc. shares as the payment firm became short seller Hindenburg Research’s latest target on allegations of facilitating fraudsters.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUBS Sends Khan to Stem Credit Suisse’s Private Banker ExitsJack Dorsey’s Wealth Tumbles $526 Million After Hindenburg ShortUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidCredit Suisse, UBS Among B  ( 47 min )

Pensioenfonds ABP komt met extra compensatie voor ruim achtduizend mensen. Zij kregen jarenlang geen arbeidsongeschiktheidspensioen, terwijl ze daar wel recht op hadden.  ( 4 min )

Klanten van ING konden sinds vrijdagochtend geen geld overmaken naar andere rekeningen door een storing. Inmiddels kan dat wel weer, zegt een woordvoerder rond 18.00 uur tegen NU.nl. Betalen in winkels of online via iDEAL was wel de hele dag mogelijk.  ( 3 min )

VNO-NCW en MKB-Nederland worstelen met de beperkende werking van stikstofregels. De werkgeversverenigingen roepen nu het kabinet op te voorkomen dat Nederland verder op slot gaat.  ( 3 min )

NU.nl geeft je regelmatig een overzicht van de ontwikkeling van de gasprijs, het gasverbruik en de vulling van de gasopslagen in Nederland. Dit zijn de cijfers van de afgelopen week in drie grafieken.  ( 4 min )

Het is zeer onwaarschijnlijk dat we te maken krijgen met een nieuwe bankencrisis in de eurozone. Dat zei premier Mark Rutte vrijdag na een EU-top in Brussel.  ( 3 min )

Europese banken krijgen vrijdag opnieuw harde klappen op de verschillende beurzen. De zorgen over de stabiliteit van de financiële sector na eerdere problemen bij Amerikaanse banken en de redding van het noodlijdende Credit Suisse blijven groot.  ( 3 min )

Shou Zi Chew is al twee jaar de CEO van TikTok, een van de populairste apps ter wereld. Deze week trad hij voor het eerst in de spotlights toen hij werd ondervraagd door de Amerikaanse Senaat. De toekomst van TikTok in de VS staat op het spel. Wat weten we over Chew?  ( 6 min )

Klanten van ING kunnen vrijdagochtend geen geld overmaken naar andere rekeningen door een storing. Betalen in winkels of online via iDEAL is wel mogelijk.  ( 3 min )

Maaltijdbezorgers van Deliveroo zijn werknemers en geen zzp'ers. Dat oordeelde de Hoge Raad vrijdag in een zaak die was aangespannen door vakbond FNV. Daarmee sluit de hoogste rechter van ons land zich aan bij eerdere oordelen van de rechtbank en het Gerechtshof.  ( 4 min )

Bedrijven in Nederland hebben in het afgelopen jaar samen zo'n 327 miljard euro winst geboekt. Dat is het hoogste bedrag sinds statistiekbureau CBS eind vorige eeuw begon met meten. Het vorige record stond op 288 miljard en werd een jaar eerder genoteerd.  ( 3 min )

Alle Twitter-gebruikers met een geverifieerd account verliezen op 1 april het blauwe vinkje op het profiel. Vanaf die datum is het icoontje voorbehouden aan betalende gebruikers, kondigt het socialemediabedrijf vrijdag aan.  ( 3 min )

VNO-NCW en MKB-Nederland worstelen met de beperkende werking van stikstofregels. De werkgeversverenigingen roepen nu het kabinet op te voorkomen dat Nederland verder op slot gaat.  ( 3 min )

Beyoncé en adidas stoppen met hun samenwerking. De verkoopcijfers van Beyoncé's kledinglijn vallen tegen en er zou ook sprake zijn van creatieve meningsverschillen tussen de zangeres en het sportmerk.  ( 3 min )

Huishoudens hadden vorig jaar gemiddeld 2 procent meer te besteden dan het jaar ervoor. Dat meldt statistiekbureau CBS, dat daarbij rekening houdt met de hogere prijzen van bijvoorbeeld energie en boodschappen. De stijging komt doordat lonen omhooggingen, meer mensen een baan hadden en door de energiecompensatie vanuit het kabinet.  ( 3 min )

Industriële giganten als Shell, BP en chemiebedrijf Dow hebben een veel grotere klimaatimpact dan hun concurrenten. De bedrijven produceren minder efficiënt, waardoor ze jaarlijks vele honderdduizenden extra tonnen CO2 uitstoten. Dat blijkt uit onderzoek van NU.nl.  ( 12 min )

In de Amerikaanse staat Utah is donderdag een wet ondertekend die het gebruik van TikTok en Instagram door jongeren en kinderen drastisch inperkt. Dit gebeurde ondanks tegenstand van de techindustrie en experts op het gebied van burgerrechten.  ( 3 min )

Industriële giganten als Shell, BP en chemiebedrijf Dow hebben een veel grotere klimaatimpact dan hun concurrenten. De bedrijven produceren minder efficiënt, waardoor ze jaarlijks vele honderdduizenden extra tonnen CO2 uitstoten. Dat blijkt uit onderzoek van NU.nl.  ( 11 min )

Industriële giganten als Shell, BP en chemiebedrijf Dow hebben een veel grotere klimaatimpact dan hun concurrenten. De bedrijven produceren minder efficiënt, waardoor ze jaarlijks vele honderdduizenden extra tonnen CO2 uitstoten. Dat blijkt uit onderzoek van NU.nl.  ( 11 min )

A report from Goldman Sachs estimated that U.S. households will sell $750 billion in equities in 2023, moving funds to less risky assets.  ( 1 min )

U.S. stock indexes closed higher on Thursday, March 23, boosted by optimism in the technology sector, with the Nasdaq gaining 1%.  ( 1 min )

TikTok's CEO faces a congressional panel on data security concerns and Coinbase says the SEC could be bringing charges. Here’s what investors need to know on March 23, 2023.  ( 1 min )

Ford is projecting a $3 billion loss on its electric vehicle (EV) segment this year, underscoring how traditional automakers’ EV businesses are still far from profitable.  ( 1 min )

Global policies have been implemented to suppress the use of paper currency and promote digital currency to create a data trail for law enforcement and tax agencies.  ( 16 min )

A report from Goldman Sachs estimated that U.S. households will sell $750 billion in equities in 2023, moving funds to less risky assets.  ( 10 min )

U.S. stock indexes closed higher on Thursday, March 23, boosted by optimism in the technology sector, with the Nasdaq gaining 1%.  ( 12 min )

Learn about the SPY ETF (SPDR S&P 500 ETF Trust), its characteristics, and the suitability of investing in the fund.  ( 18 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

You can't go wrong with either E*TRADE or Fidelity, but Fidelity does do better with more competitive rates.  ( 19 min )

In March 2023, Signature Bank was shut down by the New York State Department of Financial Services. Learn why the bank collapsed and what it means for you.  ( 22 min )

Bitcoin halving, explained. Find out about Bitcoin's artificial inflation process works and what it means for Bitcoin's price and its users.  ( 22 min )

A bankruptcy trustee is a person appointed by the United States Trustee to represent the debtor's estate during a bankruptcy proceeding.  ( 18 min )

There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 20 min )

A bank account number is a unique string of numbers and, sometimes, letters or other characters that identifies the owner of the account.  ( 15 min )

A loan application fee is an up-front fee charged to a potential borrower for processing an application for a loan that is payable when the loan application is submitted.  ( 13 min )

Programs initiated by the Federal Reserve this month to shore up global liquidity, stabilize the banking system, and soothe investors may further entrench the U.S. dollar's global supremacy.  ( 14 min )

From books and magazines to podcasts and in-person community events, there’s no shortage of valuable tools that you can use to increase your financial knowledge.  ( 21 min )

Ford is projecting a $3 billion loss on its electric vehicle (EV) segment this year, underscoring how traditional automakers’ EV businesses are still far from profitable.  ( 11 min )

Good financial habits begin in childhood and last a lifetime.  ( 16 min )

These are the top 10 most heavily weighted stocks in the S&P 500 Index.  ( 14 min )

The Fidelity vs. TD Ameritrade broker debate comes down to your experience in trading and investing. Beginners may appreciate TD Ameritrade’s educational programs. Fidelity offers better value, but with fewer features. Read our comparison.  ( 18 min )

Apple is in talks with film studios to partner on theatrical releases of several movies and has plans to increase its content budget by at least $1 billion per year.  ( 12 min )

Countries around the world, despite having different political regimes and economic conditions, are mostly using the same playbook to fight inflation—their central banks have been raising interest rates.  ( 12 min )

A student loan consolidation can save you money on your student loans, but there are some pros and cons to consider.  ( 18 min )

Regulator warns of possible conflict of interest  ( 11 min )

The younger you are, the more your savings can grow. Here are eight basic money rules to get your finances on track.  ( 17 min )

A matching contribution is a type of contribution an employer chooses to make to their employee’s employer-sponsored retirement plan.  ( 15 min )

Federal and state banking laws protect individual consumers and the American economy against unfair and potentially dangerous practices.  ( 18 min )

Mass production is the manufacturing of large quantities of standardized products, often using assembly lines or automated technology.  ( 16 min )

Officials in Montenegro are awaiting the identification of person believed to be Do Kwon, founder of failed stablecoin Terra and wanted for fraud by authorities across the globe.  ( 11 min )

Student loan deferment pauses payments on student loans for up to three years for qualified applicants.  ( 21 min )

The increasing risk of cyberattacks on banks is a top concern for financial institutions and the government.  ( 16 min )

Shares of mobile payments company Block fell Thursday morning after the short seller Hindenburg Research accused the firm of fraud and overstating user traffic.  ( 11 min )

Empower (formerly Personal Capital) and Vanguard Personal Advisor Services are both excellent robo-advisors, but Vanguard Personal Advisor Services charges much less in fees.  ( 22 min )

The IRS issued a notice Tuesday requesting public comments on the taxation of NFTs, digital assets that can be particularly tricky to square with existing tax codes.  ( 13 min )

There are many methods used by the government to control inflation; one popular method is contractionary monetary policy.  ( 17 min )

After jumping an eighth of the point the previous day, 30-year mortgage rates have tacked on a couple more basis points.  ( 12 min )

Coinbase shares fell almost 20% Thursday morning after the company revealed it had received a Wells notice from the Securities and Exchange Commission, a sign of future legal action.  ( 11 min )

The inverse relation between interest rates and bond prices seems somewhat illogical at first but then starts to make sense upon closer examination.  ( 18 min )

A contrast study between a career in financial planning and a career in wealth management to identify which is better suited to your skills and goals.  ( 16 min )

The S&P 500 Index (Standard & Poor's 500 Index) is a market-capitalization-weighted index of the 500 leading publicly traded companies in the U.S.  ( 21 min )

Advice for workers, the unemployed, and retirees on protecting and building your retirement savings during and after the coronavirus crisis.  ( 20 min )

Here are the pros and cons of temporarily suspending your student loan payments.  ( 19 min )

The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one other overnight.  ( 19 min )

Trending topics of the month for educators, with useful material to share with students and use in lessons.  ( 8 min )

An obligor, also known as a debtor, is legally or contractually obliged to provide a benefit or payment to another, the obligee. Learn about their obligations.  ( 15 min )

The prime rate is the interest rate that commercial banks charge their most creditworthy customers.  ( 19 min )

How to manage those burdensome payments as you embark on your adult life.  ( 18 min )

TikTok's CEO faces a congressional panel on data security concerns and Coinbase says the SEC could be bringing charges. Here’s what investors need to know on March 23, 2023.  ( 11 min )

FDIC Problem Bank List is a confidential list of U.S. banks that are on the brink of not being able to sustain financial viability.  ( 15 min )

Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of banking and lending institutions, usually in response to laws enacted by the Congress.  ( 19 min )

The Acorn Collective was a project that aimed to be the first blockchain crowdfunding platform.  ( 16 min )

You can only rent out your reverse mortgage property if you continue to live there. In this guide, we’ll take you through the rules.  ( 16 min )

Whether you’ll recoup your money depends on what type of creditor you are and whether you take the required legal steps.  ( 17 min )

(Bloomberg) -- Oracle Corp. has cut jobs at its Cerner digital health-records unit, particularly in marketing, as the software giant works to integrate last year’s $28.3 billion acquisition.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJPMorgan Sold $10 Milli  ( 48 min )

(Bloomberg) -- Block Inc. co-founder Jack Dorsey’s net worth was hammered after Hindenburg Research’s latest report, which alleged the payments company ignored widespread fraud. Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJPMorgan Sold $10 Million in Jewels  ( 46 min )

The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.  ( 49 min )

The Federal Reserve's balance sheet continued to swell as banks braced themselves in the aftermath of two bank collapses.  ( 23 min )

“We avoided the debt crisis a couple of times...but now the game is over," economist Nouriel Roubini said in a new interview.  ( 49 min )

He straddled Western and Chinese business culture on his way to the top, and now TikTok’s CEO says he wants to clarify misconceptions about the company.  ( 26 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 12 min )

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"As long as people aren't all coming in at the same time and demanding that their deposits back, you're okay, but that's exactly what's been happening," Prof. Stephan Weiler told Fortune. "So the chances of facing those unrealized losses are going up."  ( 48 min )

(Bloomberg) -- Wall Street pros are warning investors who bid up US stocks on expectations the Federal Reserve will soon be cutting interest rates to remember an old cliche: Be careful what you wish for.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidJPMorgan Sold $10 Million in Jewels Left in Bank Safe Deposit Box, Sui  ( 48 min )

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Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.  ( 48 min )

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The semiconductor maker unveils cloud services for ‘large language.’  ( 46 min )

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In recent years, high-dividend stocks have become especially popular among investors looking for income in their portfolios. A new article from asset management firm AllianceBernstein, though, posits that these shares are not enough for building an effective portfolio. Rather, the … Continue reading → The post Obsessed With High-Dividend Stocks? Here's Why This Major Firm Says That's a Mistake appeared first on SmartAsset Blog.  ( 48 min )

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Experts say investors may be able to generate attractive, short-term returns as the Fed continues to raise rates  ( 49 min )

The SPDR S&P Bank exchange-traded fund has been flatlining near the level it reached in November 2020, early in the pandemic.  ( 23 min )

Stocks were higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.  ( 48 min )

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Some investors might look at big banks’ growing deposits and lower stock prices and see an opportunity.  ( 47 min )

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When stock prices fall, opportunities open up. That’s true whether we’re talking about a general market decline, or a slip in some individual stocks. However, it is crucial for investors to conduct due diligence and investigate the reasons behind the drop in price to ensure that they are making informed investment decisions. The key to success here is recognizing when a low-priced stock is fundamentally unsound or just facing tough trading conditions. Fortunately, Wall Street’s equity analysts a  ( 50 min )

By almost any metric or comparison, Rivian spends more money than peers.  ( 23 min )

Elon Musk disagreed with the Fed describing the banking system as “sound and resilient,” tweeting, “banks are melting.”  ( 48 min )

Retirement planning has many elements, but there are two questions that must be answered before anything else can be addressed: What age do you plan on retiring? And, how much money do you need saved to retire at that age? … Continue reading → The post Is $5 Million Enough to Retire at 65? appeared first on SmartAsset Blog.  ( 48 min )

A series of bank collapses in recent weeks has given some depositors the jitters, with many moving their funds to larger institutions for safety. So how are credit unions faring?  ( 48 min )

On Thursday, Shanghai-based RISC-V chip technology company StarFive said it had received a strategic investment from Chinese search firm Baidu Inc (NASDAQ: BIDU) for an undisclosed amount. StarFive has raised 1 billion yuan ($146.46 million) in financing to date, calling that a record for the domestic RISC-V sector, Reuters reports. The investment reflects a growing trend among Chinese tech giants to pour resources into RISC-V, an open-source technology that some analysts say is less susceptible  ( 46 min )

Thursday is turning out to be a bad day for Block (NYSE:SQ) stock. Shares of the digital payments specialist are down 14%, as of this writing, after a short seller launched an attack on the company. Specifically, following a two-year investigation, Hindenburg Research alleged Block was facilitating fraudsters. The short seller also announced it had opened a short position on the shares. Hindenburg claimed that after looking into the matter, it discovered that Block’s enormously successful Cash A  ( 47 min )

The FDA approved Cidara Therapeutics Inc's (NASDAQ: CDTX) antifungal Rezzayo (rezafungin) under priority review for treating candidemia and invasive candidiasis in adults with limited or no alternative treatment options, the company announced Wednesday. While the EMA accepted the marketing authorization application for rezafungin in August 2022, it is still under review for potential approval in Europe. Last year, Melinta Therapeutics acquired the rights to commercialize Rezzayo in the U.S. Also  ( 46 min )

Hedge fund manager Bill Ackman sounds the alarm on the state of the U.S. economy amid a banking crisis and the Federal Reserve's fight against inflation.  ( 47 min )

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(Bloomberg) -- An activist short seller attack on one US firm and the threat of regulatory action against another have conspired to deal a double blow to Cathie Wood and ARK Investment Management, as both shares are among her top holdings.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidFinally, a Serious Offer to Take P  ( 47 min )

"When people are like, 'Oh California is so much more expensive than Texas,' that’s the top income tax rate."  ( 49 min )

The EV pioneer didn't immediately respond to a request for comment.  ( 23 min )

Accenture plc (NYSE: ACN) shares are gaining over 4% during Thursday morning trading session following its solid Q2 results. The company also disclosed its plan to reduce 19,000 jobs. ACN reported second-quarter FY23 revenue growth of 5% year-over-year to $15.81 billion, beating the consensus of $15.59 billion. New bookings increased by 13% Y/Y to $22.1 billion. Consulting revenues decreased by 1% Y/Y to $8.28 billion, and Managed Services revenues increased by 12% Y/Y to $7.54 billion. Adjusted  ( 46 min )

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Ford gave investors and analysts today a peek at how it will reorganize its business units and report financial performance.  ( 48 min )

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Block shares 15% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )

Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 48 min )

Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )

Block shares sank 20% after short seller Hindenburg Research said the digital payment company formally known as Square has "systematically taken advantage of the demographics it claims to be helping."  ( 47 min )

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Layoffs by the provider of consulting and outsourcing services contribute to a wave of cuts that have gone beyond the tech industry as greater economic uncertainty drives cost reduction across different sectors.  ( 25 min )

Here's why 100K is a magic financial milestone.  ( 50 min )

Stock experts often tout the merit of taking the long-term view rather than looking for short term gains. It’s a strategy that gets the thumbs up from Morgan Stanley’s US Equity Strategy team, led by Mike Wilson. Wilson has been one of the Street’s most vocal bears for a while, but while he does not see the bear market as over just yet, he forecasts a “stronger earnings picture” by next year. A friendlier monetary policy, high inflation receding, pent-up demand in investment/capex and in specifi  ( 51 min )

Shares in Block Inc.—formerly known as Square—fell after Hindenburg Research released the results of what it called a two-year investigation.  ( 25 min )

Regional bank stocks are on edge right now, and Treasury Secretary Janet Yellen's comments about deposits were enough to fray investors' nerves a little more.  ( 23 min )

Stocks were trading higher early Thursday as investors digested Wednesday's news the Federal Reserve's rate hiking campaign is likely to end earlier than previously expected.  ( 48 min )

The Euro has initially rallied during the trading session on Thursday but has given back the gains as we have run into major selling pressure again.  ( 47 min )

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It can be hard to know if your retirement savings are on track, but comparing your balance to where others similar in age are can help. In particular, taking a look at the average 401(k) balance by age is a good place … Continue reading → The post The Average 401(k) Balance by Age: Are You Off the Mark? appeared first on SmartAsset Blog.  ( 51 min )

A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your … Continue reading → The post How the Employer Match Works With the 401(k) Limit appeared first on SmartAsset Blog.  ( 50 min )

A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a 401(k) or similar workplace plan. And if … Continue reading → The post Roth IRA Income Limits for 2023 appeared first on SmartAsset Blog.  ( 51 min )

No lotto tickets required.  ( 49 min )

The brokerage is sitting on sizable long-term debt that has lost value as the Fed has raised rates.  ( 27 min )

Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the U.S. dollar. Srinivasan entered into a $1 million bet via Twitter with two individuals, offering up Circle's USDC stablecoin to pseudonymous Twitter personality James Medlock and another unnamed person if Bitcoin fails to achieve the historic gains he predicts. The bet is part of Srinivasan’s view  ( 48 min )

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Wolfe Research analyst Nigel Coe took a look at what GE Aerospace and GE Vernova will be worth on a stand-alone basis. GE Vernova, GE's power generation businesses, are due to be spun out in early 2024.  ( 23 min )

(Bloomberg) -- First Republic Bank shares rose on Thursday along with banking peers, rebounding off the prior day’s losses that stemmed from disappointment over comments from Treasury Secretary Janet Yellen on bank deposits.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsShort Seller Hindenburg Says ‘Another Big One’ Coming SoonAckman Warns of Accelerated Deposit Outflows After Fed DecisionUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb Threa  ( 47 min )

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The SEC warned the largest US crypto exchange about a possible enforcement action. Coinbase said SEC "has not been fair or reasonable."  ( 47 min )

Leave your job but don't resign yourself to a frugal future.  ( 50 min )

The past couple of days have been a whirlwind of new information for Boeing investors.  ( 23 min )

The cryptocurrency broker revealed Wednesday that U.S. securities charges may be looming, a threat that goes far beyond Coinbase.  ( 23 min )

The SEC's decision to send Coinbase a sweeping Wells Notice is a turning point for crypto.  ( 47 min )

Accenture said bookings hit a new record level but lowered its full-year guidance.  ( 23 min )

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Ford gave investors and analysts today a peek behind how it will reorganize its business units, and report financial performance.  ( 48 min )

The auto maker's electric-vehicle business has lost about $3 billion over the past two years combined. But Ford believes billions in EV profits lie just around the bend in the road.  ( 23 min )

For once, Wall Street isn't blaming Powell for a market beatdown. Here's how I expect things to play out as we edge toward the end of March.  ( 13 min )

(Bloomberg) -- For years, Amazon.com Inc.’s aggressive growth strategy has enabled the stock to command a hefty premium to big tech peers. But with its expansion slowing, many investors are now balking at paying up for the e-commerce giant.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsShort Seller Hindenburg Says ‘Another Big One’ Coming SoonAckman Warns of Accelerated Deposit Outflows After Fed DecisionUS Fears a War-Weary World May Embrace China’s Ukraine Pea  ( 49 min )

Yellen spooks the markets, SEC warns Coinbase, celebrities charged over crypto scheme, and other news to start your day.  ( 23 min )

Big banks are attracting more deposits–and putting money back into failing banks. A similar system existed in the run-up to the Great Depression.  ( 49 min )

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(Bloomberg) -- Hindenburg Research said it will soon release a new report, two months after the US short seller’s explosive allegations against Adani Group wiped more than $100 billion off the Indian conglomerate’s market value.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb T  ( 47 min )

(Bloomberg) -- American households will sell $750 billion of stocks this year in the first annual drop in demand since 2018, thanks to higher bond yields and lower savings, Goldman Sachs Group Inc. strategists say.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidBomb Threat Called I  ( 48 min )

The Securities and Exchanges Commission (SEC) has sent Coinbase a letter warning of possible legal action.  ( 49 min )

Coinbase is warned by the Securities and Exchange Commission that the agency could take enforcement action against the crypto exchange, while shares of First Republic Bank and PacWest Bancorp post modest rebounds.  ( 23 min )

The Federal Reserve has raised rates aggressively in the last year and projected on Wednesday its work raising rates is likely done. Dealing with the fallout of these moves, however, appears to be a project just getting underway.  ( 49 min )

Regional bank stocks are on edge right now, and Treasury Secretary Janet Yellen's comments about deposits were enough to fray investors' nerves a little more.  ( 23 min )

(Bloomberg) -- US equity futures climbed with Asian stocks as relative calm returned to markets Thursday following a tumultuous day of losses on Wall Street.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Markets WrapAn index of  ( 49 min )

(Bloomberg) -- Investors are convinced the Federal Reserve will hike again this year and won’t pivot to monetary easing until 2024 — an outlook they see as bearish for stocks.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Market  ( 49 min )

(Bloomberg) -- The US Securities and Exchange Commission sued crypto mogul Justin Sun for allegedly violating securities rules, and said eight celebrities including Lindsay Lohan and the artist known as Soulja Boy illegally touted tokens.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionShort Seller Hindenburg Says ‘Another Big One’ Coming SoonUS Fears a War-Weary World May Embrace China’s Ukraine Peace  ( 48 min )

(Bloomberg) -- A recession is certain and so are rate cuts this year. That’s the message from the bond market metric Federal Reserve Chairman Jerome Powell highlighted a year ago as the best guide to tip-off economic troubles in the US.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges From the Banking CrisisAckman Warns of Accelerated Deposit Outflows After Fed Decis  ( 48 min )

(Bloomberg) -- Citigroup Inc. Chief Executive Officer Jane Fraser said mobile apps and consumers’ ability to move millions of dollars with a few clicks of a button mark a sea change for how bankers manage and regulators respond to the risk of bank runs. Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsAckman Warns of Accelerated Deposit Outflows After Fed DecisionBomb Threat Called In to New York Court Where Trump Hearing HeldA New Chapter of Capitalism Emerges Fr  ( 48 min )

Volkswagen moet een Nederlandse consument 3000 euro schadevergoeding betalen omdat de autofabrikant illegale software had geïnstalleerd in zijn dieselwagen. Dat heeft de rechtbank in Haarlem bepaald.  ( 3 min )

Drie grote overheidsorganisaties leveren onvoldoende maatwerk bij het innen van belastingschulden, boetes en onbetaalde zorgpremies, concludeert de Algemene Rekenkamer. Ze gaan niet na of de burgers na de betalingen wel genoeg leefgeld overhouden.  ( 4 min )

Centrale banken in onder meer Zwitserland en het Verenigd Koninkrijk hebben donderdag hun rentes verder verhoogd. Dat deden ze ondanks zorgen over onder meer de dreigende ondergang van de Zwitserse bank Credit Suisse. In de nasleep van de aardbeving in Turkije bleef de rente in dat land ongewijzigd.  ( 3 min )

Werkgevers en vakbonden praten komend weekend verder in een laatste poging om tot een cao-akkoord te komen voor de dertienduizend werknemers in het streekvervoer. Als de partijen er opnieuw niet uit komen, volgen er vanaf volgende week woensdag nieuwe stakingen.  ( 3 min )

De internationale treinen van en naar Duitsland rijden maandag niet, omdat werknemers van het Duitse spoorbedrijf staken. Dat heeft de NS donderdag bekendgemaakt.  ( 3 min )

In Frankrijk is een massale stakingsdag tegen de door de regering doorgedrukte pensioenplannen van start gegaan. Meer dan een op de vijf leraren heeft het werk neergelegd en honderden scholen zijn geblokkeerd door betogers of gesloten. Ook het vliegverkeer wordt hard geraakt.  ( 4 min )

De inflatie is nog allesbehalve voorbij. Na de energieprijzen zijn het nu onder meer horeca, boodschappen en vakanties die steeds duurder worden. Maar Klaas Knot heeft als president van de Nederlandsche Bank (DNB) een enigszins geruststellende boodschap. "De piek is achter de rug."  ( 8 min )

In Duitsland rijden maandag naar verwachting geen treinen, trams en bussen. Ook luchtvaartpersoneel legt het werk neer nu vakbonden Verdi en EVG hebben opgeroepen tot een massastaking omdat een nieuwe cao uitblijft. Werkgevers en de bonden kunnen het niet eens worden over de lonen.  ( 3 min )

De Nederlandse Arbeidsinspectie heeft vorige week in totaal 250 overtredingen geconstateerd op 140 verschillende bouwplaatsen. In meer dan de helft van de gevallen was de situatie zo gevaarlijk dat de werkzaamheden direct zijn stilgelegd.  ( 3 min )

De inflatie is nog allesbehalve voorbij. Na de energieprijzen zijn het nu onder meer horeca, boodschappen en vakanties die steeds duurder worden. Maar Klaas Knot heeft als president van de Nederlandsche Bank (DNB) een enigszins geruststellende boodschap. "De piek is achter de rug."  ( 8 min )

De hogere tarieven voor wie is aangesloten op het warmtenet hebben vorig jaar niet gezorgd voor meer winst bij leveranciers. Dat meldt toezichthouder ACM, die de cijfers over 2022 bekeek van bedrijven als Ennatuurlijk en Vattenfall.  ( 4 min )

Het Europees Parlement heeft donderdag een akkoord bereikt over het verminderen van de uitstoot van de Europese scheepvaart. In 2050 moeten schepen 80 procent minder CO2 uitstoten.  ( 3 min )

TikTok heeft nog nooit gegevens van gebruikers met de Chinese overheid gedeeld en zal dat ook nooit doen. Dat gaat topman Shou Zi Chew van de videoapp donderdag verklaren voor het Amerikaanse Congres, blijkt uit de al gepubliceerde verklaringen.  ( 4 min )

Het Amerikaanse ruimtevaartbedrijf Relativity Space heeft donderdagochtend voor het eerst een ge-3D-printe raket gelanceerd. Door een motorstoring kwam de Terran 1-raket niet hoger dan 16 kilometer. Toch noemt het bedrijf de missie een succes, meldt persbureau Reuters.  ( 3 min )

De Amerikaanse toezichthouder voor effectenhandel (SEC) gaat cryptoplatform Coinbase aanpakken. De toezichthouder vindt dat cryptobedrijven als Coinbase, die de handel in digitale munten mogelijk maken, eigenlijk actief zijn in de handel in aandelen en obligaties. Maar ze voldoen niet aan de strengere regels die daarvoor gelden.  ( 3 min )

De krappe arbeidsmarkt, regeldruk en opgelopen coronaschulden zorgen ervoor dat steeds meer ondernemers er de brui aan geven. In de eerste twee maanden van dit jaar zijn 33.137 bedrijven gestopt. Dat zijn 22 procent meer stoppers dan een jaar eerder.  ( 5 min )

The benchmark index dropped amid the Fed's aggressive, year-long campaign of raising rates to fight inflation, though it's rebounded from recent lows.  ( 1 min )

The Fed announces a tough rate decision, UK inflation surprises with a jump, and US home prices fall for the first time in over a decade. Here’s what investors need to know today.  ( 1 min )

U.S. stocks declined on March 22, 2023, as the Fed raised interest rates by 25 basis points amid persistent concerns about the banking sector.  ( 1 min )

GameStop (GME) shares are soaring more than 30% after the electronics retailer posted its first quarterly profit in two years as it cut costs and reduced inventory.  ( 1 min )

PacWest Bancorp raised $1.4 billion in cash from Atlas SP Partners and borrowed heavily from the Fed to shore up liquidity after losing almost 20% of customer deposits.  ( 1 min )

Shou Zi Chew has been TikTok's boss for 2 years needs to convince U.S. lawmakers that the social media app, owned by China-based ByteDance, is not a threat to national security.  ( 50 min )

Stocks moving after the bell on March 22, 2023.  ( 48 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 6 min )

Coinbase Global said the Securities and Exchange Commission has sent the company a "Wells Notice."  ( 23 min )

The regulator believes the largest U.S. crypto exchange violated investor-protection laws in several aspects of its business, including its staking and wallet service.  ( 26 min )

Gisele Bündchen recently touched on the rapid collpase of cryptocurrency exchange FTX in late 2022, describing it as "terrible" and saying it "blindsided" her.  ( 47 min )

The proposals may unintentionally hurt those least prepared for retirement.  ( 51 min )

One thing that has distinguished traditional banking from crypto, in the eyes of many financial experts, is stability. So if customers sitting anywhere in the world with an Internet connection can instantly move their money from one bank to another, the question arises of how different that traditional setup looks compared to notoriously fickle crypto, aside from the ostensible government backstop.  ( 50 min )

(Bloomberg) -- Federal Reserve Chair Jerome Powell conceded that top officials were stumped at the sudden collapse of Silicon Valley Bank earlier this month, which spurred widespread panic of a deeper banking crisis and in turn upended global financial markets.Most Read from BloombergFinally, a Serious Offer to Take Putin Off Russia’s HandsBomb Threat Called In to New York Court Where Trump Hearing HeldAckman Warns of Accelerated Deposit Outflows After Fed DecisionA New Chapter of Capitalism Eme  ( 49 min )

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High export demand for LNG and higher domestic natural gas consumption pushed U.S. gas demand to higher levels than supply last year  ( 48 min )

With the recent collapse of two banks serving as a backdrop, the Federal Reserve hiked interest rates another 25 basis points on Wednesday. The decision to raise the federal funds rate to a 4.75-5% target range comes on the heels of the … Continue reading → The post Fed's Latest Rate Hike: What Retirees Need to Know appeared first on SmartAsset Blog.  ( 50 min )

(Bloomberg) -- Coinbase Global Inc. said it received a notice from the SEC formally declaring the securities regulator’s plans to bring an enforcement action against the largest US crypto exchange, the latest development in a long-running dispute between the watchdog and the digital-asset company. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsA New Chapte  ( 49 min )

Nvidia’s share price has more than doubled over the past six months as it becomes the preferred supplier to both sides of the AI war raging between Google and Microsoft.  ( 48 min )

(Bloomberg) -- Traders are accustomed to a bumpy ride whenever Jerome Powell speaks. But when Powell speaks at the same time Janet Yellen is talking to Congress about the health of the banking sector, the turbulence can get overwhelming.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled b  ( 49 min )

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Wolfe Research analyst Nigel Coe took a look at what GE Aerospace and GE Vernova will be worth on a stand-alone basis. GE Vernova, GE's power generation businesses, are due to be spun out in early 2024.  ( 23 min )

(Bloomberg) -- Wall Street widely expected the Federal Reserve to raise interest rates by 25 basis points, which is exactly what happened. But equity investors debated conflicting messages: the policy guidance shifted from “ongoing” rate increases to “some additional” policy firming, though Chair Jerome Powell said that the Fed’s hands aren’t tied. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of  ( 49 min )

Ninth-straight increase suggests rates will stay high for a long stretch.  ( 48 min )

Crisis threatened an economic model and national identity built on safeguarding the world’s wealth.  ( 25 min )

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Here are key takeaways from the Federal Reserve's interest-rate decision and statement on Wednesday: Federal Open Market Committee votes unanimously to raise benchmark rate by 25 basis points, as forecast, to target range of 4.75%-5%; second straight hike of that size following December's 50 basis-point hike and the four straight 75 basis-point moves before that “Dot plot” of rate forecasts shows 5.1% median estimate for end-2023, unchanged from last update in December; end-2024 projection rises  ( 47 min )

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High-growth names have done well this year on hopes that the Fed will stop lifting rates.  ( 23 min )

The rise of AI technology has boosted the chipmaker's shares.  ( 24 min )

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The Federal Reserve is expected to raise interest rates by another 0.25% on Wednesday as it works to tame inflation that remains above target and short-circuit a banking crisis that has seen three U.S. banks fail this month.  ( 48 min )

I am a 43-year-old divorced father. I have $315,000 in a traditional individual retirement account (IRA), $90,000 in a Roth IRA, $22,000 in a health savings account (HSA), $8,000 in a 529 college savings account, $30,000 in a traditional 401k, … Continue reading → The post Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57? appeared first on SmartAsset Blog.  ( 51 min )

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(Bloomberg) -- Bitcoin approached $29,000 for the first time since June as Federal Reserve officials meet to decide whether to paused their series of interest-rate increases.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of Capitalism Emerges From the Banking CrisisXi Aligns With Putin Against US, But Hesitates on Gas DealFirst Republic Rescue May Rely on US Backing to Reach a DealThe largest digit  ( 47 min )

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Buffett wouldn't budge on terms, and got Alleghany, a well-run insurer, for a cheap price.  ( 23 min )

The regional bank says it has taken a number of steps to bolster liquidity, including drawing on several available federal facilities.  ( 23 min )

In this uncertain market environment, the educated investor would do well to seek out some signal that can cut through the noise and indicate the sound stock purchase choices. Following the legendary investors, the traders who build multi-billion dollar fortunes on the stock market trading scene, is a popular strategy – and when two of those investing legends agree… well, there’s a stock that should definitely get a second look. George Soros and Steve Cohen have both built fortunes, for themselv  ( 49 min )

Rivian shares continue to trade around the level of cash on the balance sheet, leaving investors to ask: What gives?  ( 23 min )

(Bloomberg) -- Commercial-property owners face nearly $400 billion of debt maturing this year as regional bank failures threaten the industry’s biggest source of financing.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsA New Chapter of Capitalism Emerges From the Banking CrisisStocks Roiled by Fed Day’s Nerve-Wracking Rhetoric: Markets WrapIn addition, alm  ( 49 min )

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The market's bubble has now "burst," and will impact "everything everywhere all at once" in the U.S. economy, economists Stephanie Pomboy and Art Laffer argue.  ( 48 min )

Consumers appear to be taking the banking crisis in stride...for now.  ( 48 min )

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You're in a race against time and your dream retirement awaits at the finish line.  ( 49 min )

The regional bank says it has taken a number of steps to bolster liquidity, including drawing on several available federal facilities.  ( 23 min )

(Bloomberg) -- Wall Street leaders and US officials discussing an intervention at First Republic Bank are exploring the possibility of government backing to encourage a deal that would shore up the lender, people with knowledge of the situation said. The shares dropped Wednesday morning.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of Capitalism Emerges From the Banking CrisisFirst Republic Rescue  ( 48 min )

(Bloomberg) -- Carvana Co. said it’s offering to exchange up to $1 billion of bond principal at below-par prices as the struggling online car seller works to restructure its debt load. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisBiden Stunts Growth in China for Chipmakers Getting US FundsA New Chapter of Capitalism Emerges From the Banking CrisisFirst Republic Rescue May Rely on US Backing to Reach a DealThe  ( 47 min )

The same dynamics that have left some banks reeling have handed taxpayers a windfall. The Fed will have to navigate them, David Beckworth writes.  ( 26 min )

The Euro has rallied again during the trading session on Wednesday as we wait for the FOMC meeting results.  ( 47 min )

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If you're nearing the age for Medicare eligibility, there are some things you should know about Medicare. One of those things is whether Medicare premiums are tax-deductible. You want to ensure you file your taxes correctly, but you also want … Continue reading → The post Are Medicare Premiums Tax Deductible? appeared first on SmartAsset Blog.  ( 49 min )

It may seem like an odd notion, but it is possible to save too much money. You may have financial habits that allow you to sock away tons of money but cause your current quality of life to deteriorate. As … Continue reading → The post Am I Saving Too Much for Retirement? appeared first on SmartAsset Blog.  ( 49 min )

If you’ve ever applied to a job only to hear back that the company isn’t actually hiring for the listing, you're the victim of a ghost job.  ( 49 min )

Work at home? Work at the office? It makes no difference, according to a Gallup poll.  ( 48 min )

Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.  ( 49 min )

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J.P. Morgan, Oppenheimer, and Needham analysts published notes with bullish ratings after Nvidia unveiled new AI products and partnerships.  ( 23 min )

Citi analysts said Micron is set to miss consensus expectations and take an inventory write-down but reiterated a Buy rating.  ( 23 min )

U.S. stock futures wavered ahead of the open on Wednesday as Wall Street awaits for Federal Reserve Chair Jerome Powell latest interest rate decision amid of a fast-moving banking crisis.  ( 49 min )

Meme stocks are rising before the opening bell Wednesday after GameStop, one of the most heavily traded off-brand stocks during the pandemic, posted a surprise profit for the fourth quarter. GameStop's revenue fell and much of the profit gain came from aggressive cost cutting, including store closures and layoffs. Shares of GameStop Corp., Grapevine, Texas, surged 52% in premarket trading and it pulled other meme stocks along for the ride.  ( 47 min )

Stock in the San Francisco-based bank plunges in after-hours trading and slips early Wednesday, in a sign that the volatility may not be over yet.  ( 23 min )

After Silicon Valley Bank collapsed the Fed is between a rock and a hard place over whether to raise interest rates to lower inflation or not.  ( 48 min )

(Bloomberg) -- Ford Motor Co.’s Jim Farley was told recently of a survey that found investors overwhelmingly believe legacy automakers can’t be cost competitive with Tesla Inc.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisBiden Stunts Growth in China for Chipmakers Getting US FundsA New Chapter of Capitalism Emerges From the Banking CrisisFirst Republic Rescue May Rely on US Backing to Reach a Deal“I’m with the  ( 49 min )

Analyst Mark Delaney downgraded the company to Sell from Hold. His price target is $5 a share, down about 35% from recent levels.  ( 23 min )

The Federal Reserve's next meeting begins March 21 and its decision on rate hikes is due on March 22. Here are the other Fed Meetings in 2023  ( 48 min )

The former Microsoft U.S. president aims to modernize a telecom company.  ( 47 min )

(Bloomberg) -- David Reidy’s sure-fire options trade netted a steady 5% per year for half a decade — until last summer when gains began to peter out all of a sudden. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisBiden Stunts Growth in China for Chipmakers Getting US FundsA New Chapter of Capitalism Emerges From the Banking CrisisFirst Republic Rescue May Rely on US Backing to Reach a DealReidy, who has been tra  ( 50 min )

It pays to be proactive and practical when it comes to your vehicle.  ( 48 min )

Being profitable on paper belies the tough situation for GameStop.  ( 48 min )

The videogame company's surprise profit sent its shares higher and boosted fellow meme stocks AMC Entertainment and Bed Bath & Beyond.  ( 23 min )

The last few weeks have been rocky, with the collapse of Silicon Valley Bank, and the crypto-heavy Silvergate and Signature banks, dominating the headlines. For a short time, it seemed that the contagion would spread to the global financial giants. Now, however, it appears that we’ve managed to avoid a true banking crisis – and Raymond James’ chief investment officer Larry Adam has pointed out several reasons why. For starters, Adam notes that Credit Suisse, despite its troubles, found a way out  ( 50 min )

Shares in the San Francisco-based bank plunged in after-hours trading but were around 1% higher ahead of the open Wednesday, in a sign that the volatility may not be over yet.  ( 23 min )

US semiconductor company Marvell Technology is laying off its entire research and development team in mainland China, about five months after the firm initiated job cuts to scale down its operations in the world's largest chip market. Santa Clara, California-based Marvell said it is eliminating about 320 jobs, or 4 per cent of its global workforce, in response to what the company described as an industry slowdown, according to a statement from the firm on Wednesday. "We are streamlining our orga  ( 48 min )

Videogame retailer GameStop reports a surprise fiscal fourth-quarter profit, while Nike also beats earnings expectations but says margins contracted in its fiscal third quarter.  ( 23 min )

(Bloomberg) -- Tencent Holdings Ltd.’s revenue inched up after two quarters of contractions, fueling hopes that Beijing will again allow the world’s largest internet arena to thrive.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldBiden Stunts Growth in China for Chipmakers Getting US FundsSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsSwiss Are On the Hook for $13,500 Each on Credi  ( 50 min )

(Bloomberg) -- European stocks fluctuated in a narrow range and US equity futures edged lower as investors prepared for the Federal Reserve’s much-anticipated interest-rate decision later Wednesday. The pound strengthened after a surprise increase in UK inflation.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in Ch  ( 50 min )

(Bloomberg) -- First Republic Bank shares rose in early trading as all eyes remained on how talks aimed at shoring up the midsize lender were progressing amid a crisis of confidence.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US FundsSwiss Are On the Hook for $13,500 Each on Credi  ( 48 min )

(Bloomberg) -- UBS Group AG is offering to buy back 2.75 billion euros ($3 billion) worth of bonds it issued to investors just days before rescuing Credit Suisse Group AG. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US FundsSwiss Are On the Hook for $13,500 Each on Credit Suisse B  ( 48 min )

Inflation, aggressive Fed rate hikes, failed banks are creating market havoc that's crushing new retirees' futures. Will they be able to recover?  ( 49 min )

(Bloomberg) -- All eyes in the financial and economic world will be laser-focused Wednesday on the Federal Reserve as Chair Jerome Powell tries to balance his fight against inflation against a sudden banking crisis.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldSVB’s Loans to Insiders Tripled to $219 Million Before It FailedUS Studies Ways to Insure All Bank Deposits If Crisis GrowsBiden Stunts Growth in China for Chipmakers Getting US FundsSwiss Are On t  ( 49 min )

(Bloomberg) -- The Federal Reserve can look past low liquidity in the Treasuries market and continue with its rate hikes, according to strategists at JPMorgan Chase & Co. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldUS Studies Ways to Insure All Bank Deposits If Crisis GrowsSVB’s Loans to Insiders Tripled to $219 Million Before It FailedBiden Stunts Growth in China for Chipmakers Getting US FundsCredit Suisse Bankers Swarm Headhunters After UBS RescueWh  ( 48 min )

Bitcoin held above US$28,000 on Wednesday morning in Asia amid a rebound in most top 10 non-stablecoin cryptocurrencies. XRP led the winners.  ( 47 min )

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(Bloomberg) -- Nio Inc. is “very confident” of meeting its target of doubling sales to 250,000 electric vehicles this year, Chief Financial Officer Steven Feng said, prompting the Chinese automaker’s shares to surge in Hong Kong. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldUS Studies Ways to Insure All Bank Deposits If Crisis GrowsSVB’s Loans to Insiders Tripled to $219 Million Before It FailedBiden Stunts Growth in China for Chipmakers Getting US Fund  ( 48 min )

Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.  ( 46 min )

The Securities and Exchange Commission has launched another set of charges against crypto promoters. This time the list includes Tron Founder Justin Sun, actress Lindsay Lohan, rapper Lil Yachty and Youtuber Jake Paul.  ( 11 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 10 min )

A bipartisan pair of senators introduced a bill that would require presidential appointment and Senate confirmation of the Fed's inspector general.  ( 11 min )

U.S. stocks declined on March 22, 2023, as the Fed raised interest rates by 25 basis points amid persistent concerns about the banking sector.  ( 10 min )

Here is how the seasons of the year impact the housing market.  ( 14 min )

There are free and low-cost ways to get student loan payments back on track, including repayment plans, deferment, forbearance, and refinancing.  ( 20 min )

Understanding how creditors report information about your finances to credit bureaus can help you understand your credit score. Learn how credit reporting works.  ( 15 min )

The mean is the mathematical average of two or more numbers. It can be computed with the arithmetic mean method or the geometric mean method.  ( 20 min )

The 30-year mortgage average has reversed after four days of declines, shooting up an eighth of a point.  ( 12 min )

A Medicare Advantage plan may help you lower non-covered health costs, but there are definite tradeoffs compared to classic Medicare/Medigap.  ( 19 min )

Find out which types of debt are better to pay down as soon as possible, and which ones might be better to pay off more slowly to allow for investing with the extra cash.  ( 17 min )

Learn how to get the cheapest travel insurance, how much it generally costs, and what else to consider when you’re looking for the right policy for your needs.  ( 15 min )

The financial fallout from the collapse of Silicon Valley Bank wasn’t enough to interrupt the Fed’s campaign of anti-inflation interest rate hikes.  ( 12 min )

A bridge bank is a bank authorized to hold the assets and liabilities of an insolvent bank, and to continue operating, until the insolvent bank is sold or liquidated.  ( 15 min )

Mortgage rates declined to their lowest level in a month last week amid concerns about the banking industry, causing home loan applications to rise for a third straight week.  ( 11 min )

The U.S. is not alone in dealing with price increases squeezing household budgets—countries around the world are also grappling with inflation, in most cases worse, a map of global inflation rates shows.  ( 13 min )

GameStop (GME) shares are soaring more than 30% after the electronics retailer posted its first quarterly profit in two years as it cut costs and reduced inventory.  ( 10 min )

The benchmark index dropped amid the Fed's aggressive, year-long campaign of raising rates to fight inflation, though it's rebounded from recent lows.  ( 13 min )

A 529 college savings plan can help make planning for college easier. If you have multiple children, learn whether more than one 529 plan is necessary.  ( 19 min )

PacWest Bancorp raised $1.4 billion in cash from Atlas SP Partners and borrowed heavily from the Fed to shore up liquidity after losing almost 20% of customer deposits.  ( 11 min )

The Fed announces a tough rate decision, UK inflation surprises with a jump, and US home prices fall for the first time in over a decade. Here’s what investors need to know today.  ( 12 min )

A shared appreciation mortgage (SAM) is when the purchaser of a home shares a percentage of the appreciation in the home's value with the lender.  ( 14 min )

A credit utilization ratio is the percentage of credit currently being used compared to the total available credit. Learn how to improve your credit utilization ratio.  ( 15 min )

Contributory negligence is the plaintiff's failure to demonstrate care for their own safety. Often, defendants use contributory negligence as a defense.  ( 13 min )

After-hours trading refers to the buying and selling of stocks after the close of the U.S. stock exchanges at 4 p.m. through 8 p.m. U.S. Eastern Time.  ( 22 min )

Bankruptcy financing is financing arranged by a company while under the chapter 11 bankruptcy process.  ( 17 min )

An advance dividend is a payment to the uninsured depositors of a bank that fails. It is paid by the FDIC based on an estimate of the bank's remaining assets.  ( 17 min )

Een liter premium benzine (Euro 98), waar veel klassieke auto's, sportwagens en motoren op rijden, wordt steeds duurder vergeleken met de gewone Euro 95, constateren brandstofexperts. Door de oorlog in Oekraïne en de boycot van Russische olie worstelen olieraffinaderijen om voldoende geschikte grondstoffen te vinden om de hoogwaardige benzine te maken.  ( 3 min )

De Amerikaanse centrale bank Federal Reserve heeft woensdagavond haar belangrijkste rentetarief verhoogd met 0,25 naar 5 procent. Dat is het hoogste niveau sinds 2007. De Fed zet die renteverhoging door, ondanks onrust in de bankensector na twee faillissementen eerder deze maand. Vorige week verhoogde ook de Europese Centrale Bank (ECB) de rente ondanks de bankenonrust.  ( 4 min )

KLM vliegt vanaf zondag nog vaker naar Chinese steden en andere bestemmingen in Azië. In de zomerdienstregeling verdubbelt het aantal vluchten naar Aziatische bestemmingen in vergelijking met 2022.  ( 3 min )

Het Britse parlement is in grote meerderheid akkoord gegaan met een onlangs gesloten Brexit-deal, waarin de Europese Unie en het Verenigd Koninkrijk afspraken hebben gemaakt over Noord-Ierland. 515 parlementsleden gingen akkoord, 29 stemden tegen. Onder de tegenstemmers waren de voormalige premiers Boris Johnson en Liz Truss, evenals de belangrijke Noord-Ierse partij DUP.  ( 3 min )

KLM vliegt vanaf zondag nog vaker naar Chinese steden en andere bestemmingen in Azië, nu beperkingen wegens corona zo goed als weg zijn in die regio. In de zomerdienstregeling die zondag ingaat, verdubbelt het aantal vluchten naar Aziatische bestemmingen in vergelijking met 2022.  ( 4 min )

Na Jumbo introduceert ook Albert Heijn gratis watertappunten in de supermarkten. Dat kondigt het bedrijf aan op Wereldwaterdag. In vijf winkels kan vanaf deze week gratis kraanwater getapt worden. Het concept wordt uitgerold naar zo'n 250 filialen.  ( 3 min )

Het Britse parlement is in grote meerderheid akkoord gegaan met een onlangs gesloten Brexit-deal, waarin de EU en het VK afspraken hebben gemaakt over Noord-Ierland. 515 parlementsleden gingen akkoord, 29 stemden tegen. Onder hen waren de voormalige premiers Boris Johnson en Liz Truss, evenals de belangrijke Noord-Ierse partij DUP.  ( 3 min )

Na Jumbo introduceert ook Albert Heijn (AH) gratis watertappunten in de supermarkten. Dat kondigt het bedrijf aan op wereld waterdag. In vijf winkels kan vanaf deze week gratis kraanwater getapt worden, het concept wordt uitgerold naar zo'n 250 filialen.  ( 3 min )

De inflatie in Europa is nog steeds erg hoog en dus willen de centrale banken de rente binnenkort verder verhogen. Ook na de bankenonrust eerder deze maand. "Dat is niet onderhandelbaar", zei ECB-president Christine Lagarde woensdag in een toespraak.  ( 4 min )

Een liter premium benzine (Euro 98), waar veel klassieke auto's, sportwagens en motoren op rijden, wordt steeds duurder vergeleken met de gewone Euro 95, constateren brandstofexperts. Door de oorlog in Oekraïne en de boycot van Russische olie worstelen olieraffinaderijen om voldoende geschikte grondstoffen te vinden om de hoogwaardige benzine te maken.  ( 3 min )

De naam van de supermarktformule Coop is aan het verdwijnen uit het Nederlandse straatbeeld. Inmiddels zijn honderd Coop-winkels omgebouwd naar een PLUS-filiaal, laat deze supermarktketen weten.  ( 3 min )

Bijna een miljoen huishoudens hebben een videodeurbel. Niet iedereen gaat daar op een correcte manier mee om. Bezitters moeten eigenlijk een bordje plaatsen met informatie over wat ze met de camerabeelden doen. Wie dat niet doet, overtreedt de privacywetgeving.  ( 3 min )

Werkgevers en FNV Jeugdzorg zijn het eens geworden over hoe de werkdruk van jeugdbeschermers omlaag kan. Zo gaan de medewerkers minder kinderen en gezinnen bijstaan.  ( 4 min )

Werkgevers en FNV Jeugdzorg zijn het eens geworden over hoe de werkdruk van jeugdbeschermers omlaag kan. Zo gaan de medewerkers minder kinderen en gezinnen bijstaan.  ( 3 min )

Werkgevers en FNV Jeugdzorg zijn het eens geworden over hoe de werkdruk van jeugdbeschermers omlaag kan. Zo gaan de medewerkers minder kinderen en gezinnen bijstaan.  ( 3 min )

Nederlanders zijn in maart weer iets minder pessimistisch over de eigen portemonnee dan een maand eerder. Het consumentenvertrouwen laat daarmee voor de vijfde maand op rij een lichte verbetering zien. Toch is het vertrouwen in de economie nog altijd uitzonderlijk laag.  ( 3 min )

Havenbedrijven gaan met behulp van inlichtingendienst AIVD tienduizenden werknemers onder de loep nemen. De aanpak geldt als pilot om drugshandel en corruptie tegen te gaan, schrijft Trouw.  ( 3 min )

In februari hebben weer meer mensen zich ziek gemeld bij hun werkgever. Na een jaar met historisch veel ziekmeldingen zijn de verzuimcijfers ook in 2023 hoog, maar nu vooral door de griep.  ( 3 min )

Keukenhof opent donderdag weer de deuren. Het park houdt vast aan het systeem waarbij je een kaartje koopt voor een bepaalde dag en tijd. Volgens directeur Jeroen Duyster gebeurt dat steeds vaker bij pretparken, dierentuinen en musea. Een erfenis uit de coronatijd, net zoals het het aantal bezoekers nog niet op het oude niveau zal zijn.  ( 4 min )

Footwear retailer Foot Locker (FL) will close 400 stores, representing 10% of the chain’s sales, in an attempt to simplify its operations.  ( 1 min )

Faltering social media platforms like Facebook, Instagram, and Snap all stand to benefit if U.S. legislators ban TikTok.  ( 1 min )

First Republic Bank (FRC) is the best-performing stock in the S&P 500 on indications several large banks are discussing another bailout of the struggling financial firm.  ( 1 min )

News of the day for March 21, 2023  ( 1 min )

U.S. equities jumped, boosted by bank stocks and by comments from Treasury Secretary Janet Yellen that if needed, smaller banks that fail could get a government backstop for uninsured deposits.  ( 1 min )

Distributed ledger technology is a decentralized ledger network that uses the resources of many nodes to ensure data security and transparency.  ( 21 min )

Rates on personal loans dropped almost two-tenths of a point this week on average, though rates increased for those in the lower credit tiers.  ( 11 min )

Rates on personal loans dropped almost two-tenths of a point this week on average, though rates increased for those in the lower credit tiers.

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 10 min )

The average rate on personal loans shed almost two-tenths of a point this week, fueled by a notable increase for those with Excellent credit.

A new study by Fidelity Investments found that Americans are less financially prepared for retirement in 2023 than they were in 2020, with millennials experiencing the biggest setback as savings decreased.  ( 11 min )

Over-collateralization is the provision of more collateral than is needed to reduce risk to a lender or an investor in a debt security. Learn how it works.  ( 14 min )

U.S. equities jumped, boosted by bank stocks and by comments from Treasury Secretary Janet Yellen that if needed, smaller banks that fail could get a government backstop for uninsured deposits.  ( 11 min )

Although the case doesn't directly involve cryptocurrency technology, it could still impact Coinbase and other firms in the sector.  ( 11 min )

Contemporaneous reserves are a form of bank reserve accounting that requires a bank to maintain enough reserves to cover all deposits made during a week.  ( 15 min )

There's a fine line between staying informed and being overloaded with financial information.  ( 15 min )

Buy now, pay later plans are an alternative to credit cards. Learn how BNPL works and when it makes sense to use it versus a credit card.  ( 21 min )

April 16-22 is the best week to sell, according to Realtor.com  ( 12 min )

Credit ratings are an important tool for borrowers, both individuals and corporations. Learn about the benefits to having a good credit rating and how to improve it.  ( 15 min )

You’ll owe income taxes of 10% to 37%, depending on your income tax rate, on all the money you convert from a traditional IRA or rollover from a 401(k) to a Roth IRA.  ( 20 min )

Is it possible to determine the average rate of return for day traders? What does it take to get started?  ( 20 min )

Information bias occurs when data is skewed or biased, no longer reflecting the actual underlying reality. It can play out in many forms, some of which can negatively impact investors.  ( 16 min )

Rates on 30-year loans gave up another two basis points, lowering the flagship average to its cheapest level in five weeks.  ( 12 min )

Faltering social media platforms like Facebook, Instagram, and Snap all stand to benefit if U.S. legislators ban TikTok.  ( 11 min )

Both Vanguard and Fidelity manage huge mutual fund portfolios, but Fidelity is the better option, having opened up its platform to cater to investors at all levels.  ( 19 min )

The National Association of Realtors (NAR) reported existing home sales jumped 14.5% from January to an annual rate of 4.58 million. It was the largest monthly percentage increase since July of 2020.  ( 11 min )

The Bank Term Funding Program (BTFP) is a Federal Reserve program that offers collateralized loans to banks to sure up banking liquidity in the aftermath of the Silicon Valley Bank collapse.  ( 15 min )

Paying off your student loans will usually take a long time, but there are ways to speed up the process and save quite a bit of money. Learn how to pay off your student loans as fast as possible.  ( 18 min )

When you buy a new vehicle, you need to have car insurance. Learn how to buy car insurance for a new car and helpful tips you can use to save some money.  ( 14 min )

If you keep your money in a small or mid-sized bank, the government made clear it’s willing to bail you out if your institution fails.  ( 12 min )

Refinancing your car loan can lower your monthly payment and interest rate. Learn how you can save money by refinancing your car loan.  ( 17 min )

Not sure how car loans work? Follow our guide to learn how to find and apply for a car loan with the best rates you can get.  ( 15 min )

A year of Federal Reserve rate hikes is having an impact on credit card costs, as interest rates are reaching some of their highest levels, just as card holders take on a record amount of debt.  ( 11 min )

First Republic Bank (FRC) is the best-performing stock in the S&P 500 on indications several large banks are discussing another bailout of the struggling financial firm.  ( 10 min )

A per-transaction fee is an expense a business must pay each time it processes an electronic payment for a customer transaction. Learn how these fees work.  ( 14 min )

Contingent convertibles (CoCos) are similar to traditional convertible bonds in that there is a strike price, which is the cost of the stock when the bond converts into stock.  ( 20 min )

Footwear retailer Foot Locker (FL) will close 400 stores, representing 10% of the chain’s sales, in an attempt to simplify its operations.  ( 10 min )

News of the day for March 21, 2023  ( 11 min )

Cashing in your mutual funds has advantages and disadvantages for low interest rate debt. Learn how this strategy works and when it can be beneficial.  ( 17 min )

Failures of Silicon Valley and Signature banks could prompt the government to rewrite the rules of the banking system.  ( 15 min )

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The Fed and other central banks want to bring down inflation at all costs. Is it worth it?  ( 49 min )

The California bank seeks to regain its footing after the failure of two other lenders caused its depositors to flee.  ( 27 min )

These are the stocks moving after the bell on Tuesday, March 21.  ( 46 min )

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The videogame retailer recorded its first quarterly profit in two years.  ( 26 min )

Let's face it: the past few years have been pretty scary for investors. From the pandemic to the bear market and inflation, it seems like most people aren't as concerned with making huge gains as they are with simply protecting … Continue reading → The post Morningstar Says These Two Assets Can Protect Your Portfolio From Inflation appeared first on SmartAsset Blog.  ( 48 min )

Berkshire executive Greg Abel now holds a stake worth over $100 million.  ( 23 min )

When banking failures occur, depositors naturally become worried about their money. They also tend to question whether to withdraw cash from their accounts or leave it where it is. And as depositors look for a safe place to house their … Continue reading → The post Are Money Market Accounts Safe? appeared first on SmartAsset Blog.  ( 48 min )

The tech industry could face more layoffs, especially if the economy takes a dive.  ( 47 min )

With smaller banks likely to pull back from commercial real estate lending, REITs could pick up the slack. Right now, they're cheap and sport yields topping 10%.  ( 23 min )

U.S. stocks moved higher early Tuesday following U.S. and European efforts to stabilize the banking system.  ( 49 min )

Elon Musk on late Monday offered his opinion on what the Federal Reserve should do with its benchmark interest rate. The Fed's FOMC is meeting for two days this week.  ( 47 min )

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Energy stocks are off to a bumpy start this year, but their recent sell-off may be overdone, says one strategist.  ( 47 min )

The stock was trading at 7.9 times its fiscal 2023 earnings on Tuesday versus its historical five-year average of 10.7, data on FactSet shows.  ( 23 min )

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Until SVB and Sovereign failed, a trio of locals all enjoyed increases in market cap in 2023.  ( 17 min )

(Bloomberg) -- As Silicon Valley Bank deteriorated late last year and regulators began internally flagging flaws in its risk management, the lender opened up the credit spigot to one group: insiders. Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Sees Increasing Chances of ‘Minsky Moment’Vanguard Said to Shutter Business in China,  ( 48 min )

“The arithmetic behind it was timeless," George Ball of Sanders Morris Harris told Fortune.  ( 57 min )

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A lawsuit filed in U.S. District Court accuses General Motors of knowingly selling some 800,000 vehicles with faulty transmissions.  ( 48 min )

The videogame retailer led a pack of highly shorted stocks that surged in January 2021 after retail investors piled in and went viral on social media.  ( 23 min )

(Bloomberg) -- Cathie Wood highlighted one silver lining of the brutal run her exchange-traded funds suffered through last year: those billions of dollars in losses will help offset future tax bills on gains. Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesJPMorgan Sees Increasing Chances of ‘Minsky Moment’Vanguard Said to Shutter Business  ( 47 min )

The acquisition at four times Monday’s closing stock price for the rival carrier will boost Knight-Swift’s fleet to about 25,000 trucks.  ( 25 min )

This time around, it might be value stocks that take the biggest hit. Here's why.  ( 23 min )

The volatility seen on Wall Street in 2022 has continued into 2023. The first 10 weeks of 2023 produced a strong January rally, followed by a collapse of prices in February and somewhat into March. Among real estate investment trusts (REITs), about two-thirds of all REITs have produced negative returns year to date, and only about 10% of those that are in positive territory have double-digit returns. A handful of stalwart REITs have produced spectacular returns so far in 2023. Take a look at thr  ( 47 min )

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The electric-vehicle maker's annual growth in EU registrations of nearly 50% outstripped that of industry peers such as Volkswagen.  ( 23 min )

It’s a huge milestone for Tesla as the EV-maker enters the blue-chip investment world. Moody’s Investor Research upgraded Tesla’s credit rating to Baa3, which is the first rung on its investment grade ladder for corporate debt, with outlook changed to stable. Previously Moody’s classified Tesla as Ba1, which is the agency’s top rating for high yield corporate, or junk, debt.  ( 46 min )

Are we seeing an upside breakout or a candlestick reversal pattern?  ( 9 min )

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The largest U.S. lenders look best shielded from the concerns about soundness that followed the failures of Silicon Vally Bank and Signature Bank.  ( 25 min )

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Is the Fed's next rate hike decision going to be "poorly perceived" by the markets and bring the U.S. economy closer to recession? Experts Mike Lee and Kathryn Rooney Vera weigh in.  ( 47 min )

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Reuters Moderna Wants To Charge About $130 Per COVID-19 Vaccine Dose Moderna Inc (NASDAQ: MRNA) expects to charge $130 per dose for its COVID-19 vaccine as purchases move to the private sector from the government. "There are different customers negotiating different prices right now, which is why it's a little bit complicated," the company's president Stephen Hoge said in an interview ahead of a Congressional hearing run by Democratic U.S. Senator Bernie Sanders on Moderna's pricing plans. EU Co  ( 50 min )

How can we place an accurate value on any individual financial institution right now?  ( 11 min )

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Mad Money or a mad call?  ( 48 min )

After January’s stock rally, the story in the markets for the past two months has been volatility. Stocks were on a seesaw even before the recent SVB crash, and the banking woes of the last two weeks have simply exacerbated the up and down swings. The increased uncertainty in the market conditions has put a premium on data analysis, the ability to collect and decipher the mass of information generated by Wall Street’s aggregated trading activity. Fortunately, there are already experts out there  ( 50 min )

First Republic Bank (FRC) is the best-performing stock in the S&P 500 on indications several large banks are discussing another bailout of the struggling financial firm.  ( 11 min )

On Holding AG (NYSE: ONON) reported fourth-quarter FY22 sales growth of 91.9% year-on-year to CHF 366.8 million. Net sales through the direct-to-consumer (DTC) sales channel increased 76.4% to CHF 149.4 million. Net sales through the wholesale sales channel increased 104.3% to CHF 217.3 million. Gross profit for the quarter gained 91.9% to CHF 214.6 million with a margin of 58.5%. Adjusted diluted EPS for Class A shares increased to CHF 0.02 from CHF (0.04) in the prior year. Adjusted EBITDA jum  ( 46 min )

Gold bugs have been waiting for this moment. The precious metal has been on an upward trend amid still-too-hot inflation, a banking crisis, and expectations of a 25 basis point rate hike (or none at all) — at the next Fed meeting.  ( 47 min )

(Bloomberg) -- Early on March 9, as SVB Financial Group’s stock began its death spiral, Chief Executive Officer Greg Becker picked up the phone.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in China, Exit Ant VentureJPMorgan Sees Increasing Chances of ‘Minsky Moment’Becker started contacting friends, hopi  ( 51 min )

(Bloomberg) -- Sweden’s biggest pension fund, Alecta, is facing losses of almost $2 billion as a result of a failed investment strategy that made it one of the biggest shareholders in two collapsed US banks and another that’s been caught up in the crisis.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in Ch  ( 48 min )

(Bloomberg) -- Signature Bank’s partial takeover by a competitor is notable for what it doesn’t include: $11 billion of loans against a class of New York City apartments whose values have tumbled in recent years.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in China, Exit Ant VentureJPMorgan Sees Increasi  ( 49 min )

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Ford unveils its new financial reporting segmentation on Thursday morning. It's a rare look into the economics of a traditional auto maker's EV business.  ( 23 min )

Warren Buffett's company doesn't see diversity as a critical component of board selection. Now it wants directors to invest in Berkshire shares.  ( 23 min )

The athletics retailer is poised to beat expectations when it reports earnings after the close Tuesday, analysts predict.  ( 23 min )

The Euro has rallied significantly during the trading session on Tuesday to reach the 1.08 region, an area of significant resistance.  ( 47 min )

Saving through a Roth 401(k) can help you grow a nest egg that you can then tap into in retirement without having to pay taxes. If you leave your job or you're ready to retire, you may be wondering what … Continue reading → The post How to Roll Over a Roth 401(k) to a Roth IRA appeared first on SmartAsset Blog.  ( 49 min )

A divorce is an unfortunate time in anyone's life, as it signifies the end of a likely long-term relationship and marriage. However, it's important to understand the financial ramifications of a divorce as you're going through one. So if you're … Continue reading → The post Is My Spouse Entitled to My Pension in a Divorce? appeared first on SmartAsset Blog.  ( 49 min )

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McapMediaWire -- Greene Concepts, Inc. (OTC: INKW) is pleased to announce it has finalized a retail and distribution agreement with Merchants Distributors (MDI) and Lowes Foods. Both entities will ...  ( 49 min )

Tencent Music Entertainment Group (NYSE: TME) reported a fourth-quarter revenue decline of 2.4% year-over-year to $1.08 billion (RMB 7.43 billion), beating the consensus of $1.07 billion. Online music service revenues grew by 23.6% Y/Y. Revenues from music subscriptions were RMB2.35 billion ($341 million), an increase of 20.6% Y/Y. Online music paying users increased by 16.1% Y/Y to 88.5 million. Revenues from social entertainment services and others decreased by 18.2% Y/Y to RMB3.87 billion ($5  ( 47 min )

It's the second scandal involving fake nickel in as many months.  ( 48 min )

The Fed's two-day policy meeting kicks off Tuesday with the central bank perhaps facing the most uncertain landscape in recent memory as rising interest rates stand in tension with a banking crisis that threatens economic growth.  ( 51 min )

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Bitcoin is up almost 70% this year and could keep going, says one analyst—a trend that could push Coinbase stock back above levels not seen in 12 months.  ( 23 min )

Apple’s frugal approach to talent acquisition has helped it avoid major layoffs.  ( 47 min )

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There's a much bigger cost to it than you might think.  ( 50 min )

Bank runs and extreme market volatility – are the shades of 1929 upon us? Probably not, the current situation, while dangerous, is unlikely to trigger an economy-wide depression. The real test, at least according to David Kelly, JPMorgan’s chief global strategist for asset management, will come on Wednesday, at the Federal Reserve’s next interest rate policy meeting. The central bank will have to determine which risk is more urgent, persistent high inflation or a bank crisis, and adjust its rece  ( 50 min )

The electric-vehicle maker's annual growth in EU registrations of nearly 50% outstripped that of industry peers such as Volkswagen.  ( 23 min )

(Bloomberg) -- UBS Group AG is more reliant for its capital on the type of risky bonds that were wiped out in the Credit Suisse Group AG takeover than any other major lender in Europe.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisUS Studies Ways to Insure All Bank Deposits If Crisis GrowsMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s Fate Was Sealed by Regulators Days Before UBS DealJPMorgan Owned the LME ‘Nickel’ That Was A  ( 48 min )

(Bloomberg) -- First Republic Bank shares rallied in US premarket trading after falling to a record low Monday, as investors ponder what’s next for the struggling midsize lender following an offer of help from JPMorgan Chase & Co.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s Fate Was Sealed by Regulators Days Before UBS DealMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndUS Studies Ways to Guarantee All Bank Deposits If Crisi  ( 47 min )

First Republic Bank is rising after shares of the regional lender lost nearly half their value and sank to a new low on Monday, while Tesla's debt rating is upgraded to investment-grade status by Moody's.  ( 24 min )

(Bloomberg) -- A systemic credit event has replaced stubborn inflation as the key risk to markets for increasingly pessimistic investors, according to Bank of America Corp.’s latest global survey of fund managers.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s Fate Was Sealed by Regulators Days Before UBS DealMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndUS Studies Ways to Guarantee All Bank Deposits If Crisis ExpandsThe 11 D  ( 47 min )

The bank's shares are fighting back, but are still close to 90% down in March.  ( 23 min )

JPMorgan's 2008 rescues ended up costing the bank $19 billion.  ( 48 min )

Ford unveils its new financial reporting segmentation on Thursday morning. It's a rare look into the economics of a traditional auto maker's EV business.  ( 23 min )

Warren Buffett's company doesn't see diversity as a critical component of board selection. Now it wants directors to invest in Berkshire shares.  ( 23 min )

(Bloomberg) -- Vanguard Group Inc., the US asset management giant, has decided to shutter its remaining business in China after a retreat two years ago, according to people familiar with the matter, abandoning a 27 trillion yuan ($3.9 trillion) fund market that global competitors are embracing.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s Fate Was Sealed by Regulators Days Befor  ( 49 min )

(Bloomberg) -- Some of the world’s biggest investors are looking beyond interest-rate hikes, bank failures and the threat of recession to one of the greatest fears of all money managers — missing out on the next big rally.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueCredi  ( 50 min )

We reizen nog steeds minder met het openbaar vervoer dan voor corona. In 2022 werd er 966 miljoen keer ingecheckt in het ov. Dat is bijna 30 procent minder dan in 2019, het laatste jaar voor de pandemie.  ( 3 min )

De prijzen van koopwoningen zijn vorige maand gedaald vergeleken met februari vorig jaar. Het is volgens statistiekbureau CBS voor het eerst sinds 2014 dat de huizenprijzen weer dalen ten opzichte van dezelfde maand een jaar eerder.  ( 4 min )

Op de eerste dag dat bedrijven die veel energie verbruiken een tegemoetkoming kunnen aanvragen, hebben honderden ondernemers dat direct gedaan. In totaal 364 bedrijven uit vooral de horeca, sport en recreatie, landbouw en detailhandel hebben zich gemeld.  ( 3 min )

Het kabinet raadt rijksambtenaren per direct af om apps uit landen als China en Rusland te gebruiken op hun werktelefoon. De populaire, maar omstreden app TikTok krijgt dus een negatief advies. Nederland volgt hiermee het voorbeeld van steeds meer overheden. Op termijn volgt een compleet verbod.  ( 5 min )

De Europese Commissie heeft maandag onaangekondigde inspecties uitgevoerd bij Red Bull. Brussel verdenkt de energiedrankfabrikant, die in meerdere landen van de Europese Unie actief is, van het manipuleren van de markt.  ( 3 min )

Klanten van het failliete Scotch & Soda die bestelde kleding willen retourneren, kunnen hun geld niet meer terugkrijgen. Ze kunnen de kleding alleen ruilen voor een ander artikel, laat het kledingbedrijf weten. Ook kunnen klanten de kleding niet meer terugsturen, maar alleen in de winkel langsbrengen.  ( 4 min )

De topman van de Belgische pretparken van Plopsaland, Steve Van den Kerkhof, moet vertrekken na berichten over grensoverschrijdend gedrag op de werkvloer. Dat heeft Studio 100, eigenaar van de Plopsa-groep, dinsdag bevestigd. Ook een andere manager moet vertrekken.  ( 3 min )

De 21 waterschappen in Nederland gaan de komende jaren fors investeren om de gevolgen van klimaatverandering te beperken. Om dat te kunnen betalen, gaat de waterschapsbelasting per huishouden omhoog.  ( 3 min )

De overname van het noodlijdende Credit Suisse door UBS lijkt markten wat tot rust te hebben gebracht. Zo bleven de verliezen op aandelenmarkten maandag beperkt en zijn er geen aanwijzingen dat klanten geen vertrouwen meer hebben in hun bank en hun geld weghalen.  ( 4 min )

Ouders moeten hun kind steeds vaker naar verschillende crèches brengen. Door personeelstekorten is er niet meer altijd genoeg dagen plek op één locatie. Belangenorganisaties waarschuwen dat "het gesleep met kinderen" slecht kan zijn voor de hechting van jonge kinderen.  ( 5 min )

Ondernemingen die veel gas en elektriciteit verbruiken kunnen vanaf vandaag een tegemoetkoming in de energiekosten aanvragen. Het loket van de overheid voor de Tegemoetkoming Energiekosten (TEK) gaat om 9.00 uur open.  ( 3 min )

Online gaven we vorig jaar 33,3 miljard euro uit en dat is een stijging van 9 procent ten opzichte van 2021. Er werd vooral meer besteed aan reizen en tickets voor attracties en evenementen.  ( 3 min )

De overname van het noodlijdende Credit Suisse door UBS lijkt markten wat tot rust te hebben gebracht. Zo bleven de verliezen op aandelenmarkten maandag beperkt en zijn er geen aanwijzingen dat klanten geen vertrouwen meer hebben in hun bank en hun geld weghalen.  ( 4 min )

KLM en een aantal andere vliegmaatschappijen willen dinsdag via de rechter voorkomen dat Schiphol moet krimpen. Het kabinet wil het aantal vluchten op de luchthaven met 8 procent verlagen om schadelijke uitstoot en herrie te verminderen. Maar luchtvaartbedrijven zien niets in de krimp. Ze vrezen omzetverlies en wijzen op andere oplossingen.  ( 5 min )

Ouders moeten hun kind steeds vaker naar verschillende crèches brengen. Door personeelstekorten is er niet meer altijd genoeg dagen plek op één locatie. Belangenorganisaties waarschuwen dat "het gesleep met kinderen" slecht kan zijn voor de hechting van jonge kinderen.  ( 5 min )

U.S. equities advanced as moves to prop up struggling banks boosted optimism about the sector.  ( 1 min )

News of the day for March 20, 2023  ( 1 min )

First Republic Bank shares slid further after Standard & Poor's downgraded the company lower than last week's junk rating, while other regional bank stocks rebound.  ( 1 min )

First Republic stock is down more than 60% since a consortium of banks moved to shore up its liquidity by depositing $30 billion.  ( 24 min )

(Bloomberg) -- Elon Musk-loving stock traders are famously bullish on Tesla Inc., the eighth most-valued company in the world. Now credit-rating providers, playing catch-up, are giving heft to the automaker’s blue-chip valuation.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse Resc  ( 48 min )

(Bloomberg) -- Governor Gavin Newsom struck a deal Monday with legislative leaders on a proposal to limit how much profit oil companies can make in California and establish a watchdog to monitor gasoline prices.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueCredit Suisse’s  ( 47 min )

The tool maker said it is relocating some operations to Tennessee facilities as the company revamps its manufacturing and distribution network.  ( 25 min )

Saudi Crown Prince Mohammed bin Salman last year directed government-backed Saudi National Bank to make a $1.5 billion investment in Credit Suisse that his financial advisers harbored doubts about.  ( 29 min )

Learn which types of IRA accounts are protected from creditors in a bankruptcy, and to what dollar value each type of IRA is protected.  ( 17 min )

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(Bloomberg) -- Bank failures, market turmoil and ongoing economic uncertainty as central banks battle high inflation have increased the chances of a “Minsky moment,” according to JPMorgan Chase & Co.’s Marko Kolanovic.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndStocks St  ( 47 min )

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Of all the choices an investor has to make, asset allocation could be the most important. Deciding how to split up the money you invest among different asset classes requires clarity of purpose and an understanding of each category's advantages … Continue reading → The post Vanguard Says Don't Give Up on the 60/40 Portfolio appeared first on SmartAsset Blog.  ( 47 min )

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Doubts raised as a result of a Delaware Court of Chancery decision regarding another company seem to be behind the EV stock's slide.  ( 23 min )

Efforts to reassure the public that First Republic is safe have so far been unsuccessful as bank's shares plunge.  ( 48 min )

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Based on how Rivian stock is trading, investors have given up on the electric truck maker. It may need a change in spending philosophy.  ( 23 min )

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A US-based developer of small nuclear reactors has signed a deal to sell 24 of its power plants to UK customers, putting pressure on rival makers including Rolls-Royce.  ( 48 min )

With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 17 min )

(Bloomberg) -- The speed with which four banks collapsed — and one continues to struggle — has left investors reeling. While the failures came in the span of just 11 days, the scenarios that brought them down were each unique.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndS  ( 49 min )

Srini Pajjuri, of Raymond James, raised his price targets for both major chip makers.  ( 23 min )

President Biden vetoed a Republican attempt to strike down the DOL's new ESG rule Monday, which allows retirement plan fiduciaries to consider environmental, social, and governance (ESG) factors when making investments.  ( 13 min )

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(Bloomberg) -- For decades, Switzerland has sold itself as a haven of legal certainty for bond and equity investors. The collapse of Credit Suisse Group AG revealed some unpleasant home truths. In the race to secure UBS Group AG’s purchase of its smaller rival over the weekend, the government invoked the need for stability and emergency legislation to override two key aspects of open markets: competition law and shareholder rights. Then bondholders discovered that $17 billion worth of so-called  ( 49 min )

(Bloomberg) -- First Republic Bank slid to an all-time low after S&P Global lowered the lender’s credit rating for the second time in a week and the Wall Street Journal reported that executives from major banks were discussing fresh stabilization efforts.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank St  ( 47 min )

This time the job cuts will hit Amazon's highly profitable cloud division.  ( 15 min )

When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would be included into today’s round. TechCrunch is hearing that around 10% of today’s total came from AWS. The company would not confirm those numbers, instead referring to Jassy's memo to employees that was published this morning as the gist of its statement.  ( 47 min )

Hedge-fund manager Leon Cooperman said the current financial crisis isn't much of surprise. He divulged some sectors and one stock that he's buying now.  ( 26 min )

The tech trade comes back.  ( 46 min )

JPMorgan Chase & Co. CEO Jamie Dimon is working to raise additional capital for First Republic Bank The Wall Street Journal reported at midday. Citing...  ( 23 min )

Carnival's stock surges after Deutsche Bank makes a short-term "catalyst call" to buy ahead of the cruise operator's earnings report.  ( 25 min )

The suit follows similar action against celebrity endorsers of FTX like Tom Brady and Madonna.  ( 48 min )

The JPMorgan Chase chief executive is leading discussions with the chief executives of other big banks about fresh efforts to stabilize troubled First Republic Bank.  ( 27 min )

Morgan Stanley economist Michael Wilson said the recent banking-sector crisis is likely to bring an "early and painful" stages of exiting the bear market.  ( 48 min )

Reuters Credit Suisse Bondholders Enraged As $17B Of AT1 Debt To Be Written Down To Zero: What It Means Credit Suisse Group AG (NYSE: CS) said 16 billion Swiss francs ($17.24 billion) of its additional tier 1 (AT1) debt, a type of bond, will be written down to zero on the orders of the Swiss regulator FINMA as part of its rescue merger with UBS Group AG (NYSE: UBS). The decision by the Swiss regulator would mean AT1 bondholders may be left with nothing while shareholders, who sit below bonds in  ( 50 min )

Invest in what matters to you.  ( 49 min )

(Bloomberg) -- Amazon.com Inc. is laying off an additional 9,000 employees, adding to cuts that were already the largest round of firings in the company’s history.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says Bank Stress Signals Bear Market EndStocks Stage Relief Rally as Banking Jitters Ease: Markets WrapC  ( 48 min )

In the wake of unprecedented short squeezes involving stocks like GameStop and AMC in early 2021, a group of retail investors from the Reddit forum r/WallStreetBets (and the spinoff called r/WallStreetSilver) set their sights on the silver market, attempting to challenge Wall Street giants with a so-called "silver short squeeze." The silver short squeeze movement was sparked on the r/WallStreetBets forum, where users urged each other to buy silver and silver-related assets to drive up prices and  ( 47 min )

As concerns over a looming banking crisis weigh on the minds of investors, one economist says the ultimate outcome will depend on three major questions.  ( 48 min )

Prepare. The author sees more pain ahead.  ( 48 min )

The Federal Reserve will either pause interest rates or hike rates by 25 basis points at its meeting Wednesday. Here are the pros and cons of each move.  ( 25 min )

(Bloomberg) -- For all the focus on whether the Federal Reserve is about to pause its interest-rate hikes, there’s another critical policy decision sure to draw plenty of attention come Wednesday: What the central bank does with its massive pile of bond holdings.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueMorgan Stanley Strategist Says  ( 50 min )

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While electric vehicles (EVs) are getting the headlines in the automotive industry, there are two other trends that will reward closer investor attention. These are driver assistance and autonomous vehicles. These are based on similar technologies – advanced sensor systems, machine learning and AI, and interactive interfaces for the human operator – but they fill different roles. For investors, however, these technologies will offer a realm of opportunities where the rubber meets the road. The a  ( 49 min )

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https://cdn.benzinga.com/files/images/story/2023/03/20/pdd.png?optimize=medium&dpr=2&auto=webp&crop=1200%2C800 PDD Holdings Inc. (NASDAQ: PDD), which owns and operates a portfolio of businesses, including Pinduoduo and Temu, reported fourth-quarter FY22 sales growth of 46% year-on-year to $5.77 billion, missing the consensus of $5.95 billion. Revenues from online marketing services and others rose 38% Y/Y to $4.489 billion. Revenues from transaction services jumped 86% Y/Y to $1.275 billion. Rev  ( 46 min )

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There's an ideal level to buy.  ( 10 min )

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For Credit Suisse's 50,000 employees, many questions remain.  ( 27 min )

The Bank of England and Brussels have turned on Swiss officials for wiping out Credit Suisse debt investors in an emergency rescue deal, amid fears the move could spread fear throughout the banking sector.  ( 50 min )

Bed Bath & Beyond Inc.'s stock tumbled after the struggling retailer said it planned to ask shareholders to vote on a reverse stock split.  ( 25 min )

Approximately 80% of all Americans aged 60 and older are homeowners, and housing wealth accounts for about 48% of the median wealth of that group. As retirees near large cities, and strong housing markets, start retiring, they realize they can … Continue reading → The post Vanguard Says Retirees Can Add at Least $100k to Retirement Savings By Doing This appeared first on SmartAsset Blog.  ( 50 min )

Raymond James analyst Pavel Molchanov said he was turning positive on the maker of solar inverters for the first time since 2013.  ( 23 min )

Is Mr. Wonderful bailing on crypto? Not quite.  ( 49 min )

Foot Locker will unveil long-term growth initiatives and financial targets at its investor day presentation.  ( 47 min )

New York Community Bancorp's shares soared after the company agreed to buy deposits and loans from the failed Signature Bank of New York.  ( 26 min )

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NYCB stock benefits from news it is snapping up some assets of failed Signature Bank.  ( 24 min )

Oil futures remain under pressure, failing to find support after UBS's takeover of Credit Suisse.  ( 24 min )

Proterra announced key amendments to the credit agreement related to its convertible debt.  ( 23 min )

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Wedbush on Monday upgraded New York Community Bancorp Inc. to outperform from neutral based on its expected earnings boost from its acquisition of Signature...  ( 23 min )

U.S. stock futures wavered ahead of the open on Monday morning following UBS’ deal to buy smaller rival Credit Suisse, in a bid to avoid further market-shaking turmoil in global banking.  ( 49 min )

Bitcoin traded above US$28,000 on Monday afternoon in Asia, a gain of 25% over last week, as a banking crisis in the U.S. and Europe prompted traders to see Bitcoin as a safe haven.  ( 47 min )

First Republic continues slide as U.S. banks fall. UBS and Credit Suisse weigh on banks after megadeal, while analyst ponders fate of bank deposits.  ( 25 min )

The move comes one week after the New York bank was shut down by regulators.  ( 24 min )

(Bloomberg) -- Steve Chiavarone doesn’t want to scare anyone, but what he remembers most from the last banking crisis was how sure most people were that it wouldn’t happen.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessThe One Big Winner and Many Losers of UBS’s Credit Suisse RescueWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion Offer  ( 52 min )

Shares of First Republic Bank tumbled 14.6% toward a record low Monday, after the troubled bank had its credit rating slashed deeper into junk territory over...  ( 23 min )

Wall Street largely sees positive signs while digesting the historic deal.  ( 49 min )

(Bloomberg) -- Bank stocks slumped Monday as investors reeled from the historic takeover of Credit Suisse Group AG that will wipe out a class of bondholders, adding to this month’s $1 trillion plunge in global financial shares.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferThe One B  ( 50 min )

(Bloomberg) -- Gold steadied, after rising above $2,000 an ounce for the first time in a year after a deal to buy Credit Suisse Group AG failed to entirely ease fears over the global banking sector.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferThe One Big Winner and Many Losers of  ( 48 min )

Consumer credit experts expect balances and interest rates to keep rising in 2023.  ( 50 min )

UBS agrees to acquire rival Credit Suisse for more than $3 billion, while shares of First Republic fall sharply after the regional bank’s credit rating was cut again by S&P Global.  ( 24 min )

A fork in the road for investors during all this banking turmoil.  ( 49 min )

Credit Suisse opened for business as usual in Hong Kong on Monday, after being taken over by its Swiss rival UBS in a US$3.25 billion weekend buyout brokered by the Swiss central bank to prevent a spillover of its crisis to the global banking system. Credit Suisse has a single branch location in Hong Kong, operating under two licenses to offer a wide range of financial services in equity, bonds, derivatives and wealth management, with HK$100 billion (US$12.74 billion) of assets under management.  ( 48 min )

The market turmoil that fueled a surge in bond prices has hit stock indexes far more modestly, reflecting an undercurrent of investor optimism that stress in the banking sector can be contained.  ( 25 min )

UBS agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs (US$3.23 billion) in stock and agreed to assume up to 5 billion Swiss francs (US$5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The deal includes 100 billion Swiss francs (US$108 billion) in liquidity help for UBS and Credit Suisse from the Swiss central bank. To enable UBS to take over Credit Suisse, the federal government is providing  ( 51 min )

(Bloomberg) -- First Republic Bank was poised to extend last week’s record loss as the US lender’s shares plunged after S&P Global Inc. cut its credit rating again and the emergency sale of Credit Suisse Group AG to UBS Group AG failed to assuage fears over the banking system’s health.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suiss  ( 48 min )

New data show the rules governing the electric car tax credits have boosted some automakers and hurt others.  ( 24 min )

As the world transitions towards renewable energy and electric transportation, the demand for lithium, a key component in rechargeable batteries, is reaching unprecedented heights. In fact, the mar...  ( 50 min )

Credit Suisse shares dropped as much as 65% in early trade after the Swiss bank agreed to be taken over by its rival UBS at a steep discount.  ( 23 min )

Banking stocks on the FTSE 100 and oil prices have tumbled after the historic state-backed rescue of troubled lender Credit Suisse by Swiss rival UBS Group.  ( 53 min )

(Bloomberg) -- Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingCredit Suisse Group AG’s top shareholder has seen the value of its investment plummet by about $1 billion in a matter of months, making it one of the biggest losers  ( 48 min )

(Bloomberg) -- Morgan Stanley’s Michael Wilson said the stress in the banking system marks what’s likely to be a painful and “vicious” start of an end to the bear market in US stocks.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar Fun  ( 49 min )

Asian stock markets fell Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a...  ( 25 min )

(Bloomberg) -- The case for the Federal Reserve to forgo an interest-rate hike strengthened in the eyes of some central bank watchers following a coordinated global move to ease growing financial strains.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Mov  ( 50 min )

The deal would write down more than $17 billion of the bank’s riskiest bonds.  ( 26 min )

Banking giant UBS is buying troubled rival Credit Suisse for almost $3.25 billion, in a deal orchestrated by regulators to stave off further market-shaking turmoil in the global banking system. Swiss authorities urged UBS to take over its smaller rival after a plan for Credit Suisse to borrow up to 50 billion francs ($54 billion) failed to reassure investors and the bank’s customers. Shares of Credit Suisse and other banks plunged after the failure of two banks in the U.S. raised questions about other potentially shaky global financial institutions.  ( 54 min )

(Bloomberg) -- Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingEven before Credit Suisse Group AG’s government-brokered takeover, the Swiss lender was in the process of cutting 9,000 jobs in an effort to save itself.That’s only  ( 50 min )

The Federal Deposit Insurance Corporation announced a new deal for the failed Signature Bank to be purchased. The bank collapsed just days after the Silicon Valley Bank.  ( 47 min )

(Bloomberg) -- Signature Bank’s deposits and some of its loans have been taken over by a unit of New York Community Bancorp, a move that could help calm some of the turmoil that has engulfed US regional banks.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Bank  ( 49 min )

Asian stock markets fell Monday after Swiss authorities arranged the takeover of troubled Credit Suisse amid fears of a global banking crisis ahead of a Federal Reserve meeting to decide on more possible interest rate hikes. Hong Kong, Tokyo and Sydney declined. Swiss authorities on Sunday announced UBS would acquire its smaller rival as regulators try to ease fears about banks following the collapse of two U.S. lenders.  ( 51 min )

(Bloomberg) -- A key barometer of oil market health has slumped as strikes in France worsened sentiment amid turmoil in the banking sector.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingBrent’s nearest timespread — a measure o  ( 48 min )

(Bloomberg) -- HSBC Holdings Plc led declines among financial stocks listed in Hong Kong as worries over risky bond exposures related to Credit Suisse Group AG spurred further risk-off sentiment.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boos  ( 47 min )

Bitcoin briefly breached US$28,000 at the weekend in a bullish run extending into Monday morning in Asia amid worries about bank risk.  ( 48 min )

(Bloomberg) -- Just weeks ago, they were bit players in the giant US banking system. Now, a handful of regional lenders are at the heart of a crisis that’s shaken the country and engaged the likes of Warren Buffett and Jamie Dimon. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed  ( 51 min )

(Bloomberg) -- Some Asian banks’ additional tier 1 bonds fell by a record Monday morning, after a Swiss regulator said $17 billion of such AT1s from Credit Suisse Group AG will be wiped out.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dol  ( 48 min )

Corrections & Amplifications for the edition of March 20, 2023.  ( 23 min )

(Bloomberg) -- Treasuries declined as the rescue of Credit Suisse Group AG and an offer of dollar liquidity damped demand for haven assets after a week-long rout in banking shares.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar Fundin  ( 48 min )

(Bloomberg) -- Among the biggest losers in the shotgun sale of Credit Suisse Group AG are investors in the firm’s riskiest bonds, known as AT1s, worth $17 billion. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to Boost Dollar FundingThese money man  ( 51 min )

Most non-digital banking related deposits and loans of Signature Bank were sold to New York Community Bancorp's Flagstar Bank, that will also take over Signature's 40 branches.  ( 12 min )

(Bloomberg) -- Investors and strategists say the turmoil in global financial markets still has room to run even after UBS Group AG’s agreement to take over of Credit Suisse Group AG, and the announcement of new dollar liquidity measures among central banks.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against U  ( 48 min )

(Bloomberg) -- Goldman Sachs Group Inc. traders were preparing to take bids on claims against Credit Suisse Group AG’s riskiest bonds after the takeover of the Swiss lender wiped out about 16 billion Swiss francs ($17.3 billion) of the debt.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion  ( 48 min )

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(Bloomberg) -- The world’s most advanced and delicately fine-tuned semiconductors wouldn’t be possible without the aid of giant steel storage tanks built by a little-known Tokyo company founded in 1927.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move  ( 50 min )

New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday. The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank's subsidiaries.  ( 47 min )

The move comes one week after the New York bank was shut down by regulators.  ( 23 min )

Flagstar Bank, a subsidiary of New York Community Bankcorp Inc., on Sunday agreed to assume most of Signature Bank's deposits and some of its loans.  ( 23 min )

New Starbucks CEO Laxman Narasimhan has taken the helm of the giant coffee retailer from Schultz almost two weeks earlier than anticipated.  ( 11 min )

Learn the differences between negotiating a debt settlement with your existing creditors and applying for a new consolidation loan to replace them.  ( 18 min )

Lenders use different versions and types of FICO scores depending on the type of credit you're seeking and other issues.  ( 17 min )

FICO credit scores help lenders gauge credit risk. Here's what FICO credit scores mean, how they're calculated, and why they matter for your finances.  ( 19 min )

The FDIC Improvement Act was passed in 1991 in response to the savings and loan crisis to improve the FDIC's role in protecting consumers.  ( 15 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 11 min )

U.S. equities advanced as moves to prop up struggling banks boosted optimism about the sector.  ( 11 min )

Revolving credit and installment credit are two basic types of credit. They differ in how borrowers use and repay them.  ( 16 min )

A debt collector tries to recover past-due debts for creditors in return for a fee.  ( 17 min )

You can check if your 401(k) is socially responsible by looking at the investments that make up your portfolio. You can talk to your 401(k) provider to make changes, too.  ( 14 min )

Your credit score can be an asset in financial situations, but only if you know where you stand. Learn how you can find your score without hurting it.  ( 16 min )

A confirmed letter of credit is a letter of credit with a second guarantee obtained by a borrower in addition to the first letter of credit.  ( 15 min )

Before you decide to file for Chapter 7 or Chapter 13 bankruptcy, consider the alternatives and the consequences.  ( 19 min )

Learn how probability of default (PD), loss given default (LGD), and exposure at default (EAD) can be used to help quantify total credit risk.  ( 15 min )

Open-end credit is a loan from a financial institution to a borrower that the borrower can draw money from repeatedly up to a certain pre-approved limit. Unlike closed-end credit, it has no fixed end date for repayment.  ( 16 min )

Policymakers at the Federal Reserve face a tough decision at their meeting this week: ratchet up its interest rate again to quell inflation, or hold it steady to avoid stressing the financial system?  ( 12 min )

Learn which types of IRA accounts are protected from creditors in a bankruptcy, and to what dollar value each type of IRA is protected.  ( 17 min )

Credit scoring generates a three-digit score that ranks a borrower's riskiness. Here's how credit scoring works and how to improve your credit score.  ( 18 min )

This week’s cryptocurrencies to keep an eye on are Bitcoin (BTC), Conflux (CFX), Mask Network (MASK), Fantom (FTM), and Neo (NEO).  ( 13 min )

Regardless of your age, taking these five steps will help you build a solid retirement plan.  ( 21 min )

Understand the differences between Chapter 11 and Chapter 13 bankruptcy, as well as the income and debt level requirements for both.  ( 19 min )

Systematic risk, also known as market risk, is the risk that is inherent to the entire market, rather than a particular stock or industry sector.  ( 16 min )

ChatGPT is a chatbot capable of understanding context and providing natural, fluid dialogue responses to prompts and queries.  ( 18 min )

With Industrial and Commercial Bank Of China in the top spot these are the 10 biggest banks by 12-month trailing revenue.  ( 17 min )

First Republic Bank shares slid further after Standard & Poor's downgraded the company lower than last week's junk rating, while other regional bank stocks rebound.  ( 11 min )

First Republic Bank shares slid further after Standard &Poor's downgraded the company lower than last week's junk rating, while other regional bank stocks rebound.  ( 11 min )

President Biden vetoed a Republican attempt to strike down the DOL's new ESG rule Monday, which allows retirement plan fiduciaries to consider environmental, social, and governance (ESG) factors when making investments.  ( 12 min )

Rates on 30-year loans gave up another two basis points, lowering the flagship average to its cheapest level in five weeks.  ( 12 min )

Learn how to file back taxes and limit penalties and interest charges if you missed a filing deadline or failed to pay your tax bill in full.  ( 19 min )

An exit strategy is the method by which a venture capitalist, business owner or investor intends to get out of an investment that they are involved in or have made in the past.  ( 20 min )

The back-end ratio indicates what portion of a person's monthly income goes toward paying debts. Learn how to calculate them and how they are used in lending.  ( 14 min )

Justin Wolfers, professor of public policy and economics at the University of Michigan, joins the Investopedia Express this week. Justin says the economy is in much better shape than most people think, and believes the Fed can actually hike interest rates while putting out the contagion around banks. Plus, big tech is back in the driver's seat as investors return to their old favorites in search of safety and the prospect for a pause in rate hikes.  ( 12 min )

A soft credit check, or soft inquiry, is a credit report check that does not affect an individual’s credit score. A hard pull will temporarily hurt your credit score.  ( 18 min )

News of the day for March 20, 2023  ( 11 min )

An implied contract is a legally-binding agreement created by the actions, behavior, or circumstances of the parties involved. Written proof is not needed.  ( 16 min )

The turnover ratio in an investment portfolio or a mutual fund is the percentage of assets that have been replaced in one year.  ( 17 min )

Most non-digital banking related deposits and loans of Signature Bank were sold to New York Community Bancorp's Flagstar Bank, that will also take over Signature's 40 branches.  ( 12 min )

Autocorrelation shows the degree of correlation between variables over successive time intervals.  ( 16 min )

Twitter has acquired technology companies, making it one of the world's most popular social media platforms. Here are five of those companies.  ( 16 min )

Het Internationaal Monetair Fonds (IMF) heeft maandag een lening van 3 miljard dollar (ongeveer 2,7 miljard euro) voor Sri Lanka goedgekeurd. Met het geld hoopt het Aziatische land uit de ergste economische crisis sinds de onafhankelijkheid te komen.  ( 6 min )

Het Nederlandse kledingmerk Scotch & Soda heeft een faillissement aangevraagd voor de activiteiten in ons land. De curator gaat op zoek naar een nieuwe eigenaar. Voorlopig blijven de 32 Nederlandse winkels nog gewoon open.  ( 3 min )

De stakingen in het streekvervoer zijn voor een aantal dagen opgeschort. Twee verkenners proberen de cao-onderhandelingen weer op gang te krijgen. Woensdag moet er meer duidelijkheid komen.  ( 4 min )

Amazon schrapt de komende tijd nog eens 9.000 banen. Het is de tweede grote ontslagronde bij het webwinkel- en techconcern. Begin dit jaar verdwenen er al 18.000 banen. De banen verdwijnen onder meer bij streamingdienst Twitch.  ( 3 min )

De Noord-Ierse unionistische partij DUP gaat woensdag tegen de nieuwe Brexit-deal stemmen. Het is voor het eerst dat de Noord-Ieren zich hierover uitspreken. Vanwege de handelsregels die na de Brexit zijn opgesteld, ligt de partij al tijden dwars bij de formatie van een nieuwe Noord-Ierse regering.  ( 4 min )

Nederlandse wijnboeren hebben in 2022 een recordhoeveelheid druiven geoogst. Dat schrijft de Vereniging Nederlandse Wijnproducenten (VNWP) maandag. De recordoogst hangt samen met het warme weer van afgelopen zomer.  ( 3 min )

Demonstraties en stakingen horen bij Frankrijk als stokbrood en camembert. Dit keer verzetten de Fransen zich tegen een verhoging van de pensioenleeftijd. Ondanks grote tegenstand drukte de regering Macron het pensioenplan toch door. De regering krijgt daarom vandaag te maken met twee moties van wantrouwen.  ( 8 min )

De koers van de bitcoin is maandagochtend tot boven de 28.500 dollar (zo'n 26.700 euro) gestegen. Het is de hoogste koers sinds juni vorig jaar. De digitale munt profiteert volgens analisten van de onrust in de bankenwereld, waardoor beleggers op zoek gaan naar andere investeringen.  ( 3 min )

De prijs van gas is op de Europese handelsmarkt is tot onder de 40 euro per megawattuur gezakt. Dat is de laagste prijs sinds augustus 2021.  ( 3 min )

Leveranciers van groente en fruit, bakkerijen en ook een nootjesfabrikant betaalden gezamenlijk 3,8 miljoen euro sponsorgeld aan het raceteam van mede-eigenaar en voormalig Jumbo-topman Frits van Eerd. Dat schrijft het FD op basis van het jaarverslag van het bedrijf.  ( 3 min )

Voormalig ING-topman Ralph Hamers, die sinds 2020 aan het roer staat bij het Zwitserse UBS, kan flink aan de bak. Zijn bank neemt het door problemen geteisterde Credit Suisse over. Reorganiseren is onvermijdelijk.  ( 3 min )

De Europese Centrale Bank (ECB), de Federal Reserve en vier andere centrale banken bieden banken de komende tijd extra mogelijkheden om geld te lenen. Zo hebben de bedrijven voldoende geld als hun klanten meer willen opnemen in economisch onzekere tijden.  ( 3 min )

Het aantal zzp'ers in ons land is sinds het begin van de coronacrisis flink toegenomen. Een betere balans tussen werk en privé, minder werkdruk en hogere tarieven hebben ervoor gezorgd dat er momenteel ruim 1,24 miljoen zelfstandigen zijn, tegenover 1 miljoen vlak voor corona. En daar is de overheid niet zo blij mee.  ( 5 min )

De Zwitserse bank UBS heeft Credit Suisse overgenomen. De bank van de Nederlandse topman Ralph Hamers legt zo'n 3 miljard euro neer voor de noodlijdende branchegenoot. De Zwitserse centrale bank (SNB) bevestigde de deal zondagavond.  ( 4 min )

Het aantal zzp'ers in ons land is sinds het begin van de coronacrisis flink toegenomen. Een betere balans tussen werk en privé, minder werkdruk en hogere tarieven hebben ervoor gezorgd dat er momenteel ruim 1,24 miljoen zelfstandigen zijn, tegenover 1 miljoen vlak voor corona. En daar is de overheid niet zo blij mee.  ( 5 min )

Al sinds jaar en dag waarschuwen ouders hun kinderen om bij het buitenspelen niet met vreemde mensen mee te gaan. Veel ouders zijn zich er niet van bewust dat online hetzelfde risico bestaat. En scholen besteden daar lang niet altijd aandacht aan.  ( 6 min )

Most non-digital banking related deposits and loans of Signature Bank were sold to New York Community Bancorp's Flagstar Bank, that will also take over Signature's 40 branches.  ( 1 min )

UBS will absorb Credit Suisse in a $2 billion all stock deal brokered by the government that was pulled together to prevent the latter embattled bank from failing.  ( 1 min )

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(Bloomberg) -- Bob Michele, the chief investment officer of fixed income at JP Morgan Asset Management, said he’s hopeful that UBS Group AG’s deal to buy its troubled Swiss rival Credit Suisse will be enough to stave off a wider selloff in European banks this week.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back A  ( 48 min )

(Bloomberg) -- UBS Group AG is emerging as a rare winner in Credit Suisse Group AG’s crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers. Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferSwitzerland Weighs Full or Partial Credit Suisse N  ( 49 min )

Treasury Secretary Janet Yellen and Fed Chair Jerome Powell are seeking to reassure investors to halt a slide in financial stocks.  ( 27 min )

The crisis rolls right along, explains this strategist.  ( 48 min )

(Bloomberg) -- A frenetic weekend in finance was met with comparatively meager moves in markets, with U.S. equity futures rising and the dollar weakening slightly against major currencies after UBS Group AG agreed to buy Credit Suisse Group and central banks moved to boost dollar liquidity.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferCredi  ( 49 min )